SMM Brief Review - 2012/7/13 SHFE Lead Futures-Shanghai Metals Market

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

SMM Insight 05:53:19PM Jul 13, 2012 Source:SMM

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.

Key Words:  lead price   SHFE lead 

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

SMM Insight 05:53:19PM Jul 13, 2012 Source:SMM

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.

Key Words:  lead price   SHFE lead