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Home / Metal News / SMM Brief Review - 2012/7/16 SHFE Lead Futures

SMM Brief Review - 2012/7/16 SHFE Lead Futures

Jul 16, 2012 17:45

SHFE lead prices rallied soon after opening lower at RMB 14,915/mt Monday.

SHANGHAI, Jul. 16 (SMM) – SHFE lead prices rallied soon after opening lower at RMB 14,915/mt Monday, but lacked upward momentum due to declines in LME lead prices and Chinese stock market to fluctuate down to RMB 14,930-14,980/mt. SHFE lead prices regained the losses at the tail of trading to finally close at RMB 14,995/mt, up RMB 35/mt. Trading volumes were up 160 lots to 356 lots and positions were up 110 lots to 2,422 lots.

lead price

SHFE lead

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