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Home / Metal News / SMM Brief Review - 2012/7/13 SHFE Lead Futures

SMM Brief Review - 2012/7/13 SHFE Lead Futures

iconJul 13, 2012 17:53
SHFE lead prices opened slightly higher at RMB 14,930/mt Friday.

SHANGHAI, Jul. 13 (SMM) – SHFE lead prices opened slightly higher at RMB 14,930/mt Friday. In the morning, China’s 2Q GDP growth was reported at 7.6%, within market expectations. SHFE lead prices moved up influenced by rising Shanghai Stock Exchange Composite Index and continued rising to RMB 14,940/mt in the afternoon to close at RMB 14,960/mt, up RMB 90/mt, standing above the 30-day moving average.

lead price
SHFE lead
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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