SMM Brief Review - 2012/7/19 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/7/19 SHFE Lead Futures

SMM Insight 04:24:45PM Jul 19, 2012 Source:SMM

SHANGHAI, Jul. 19 (SMM) – SHFE lead prices opened RMB 40/mt higher at RMB 14,995/mt Thursday boosted by positive US Housing Starts, and fluctuated up to hit RMB 15,075/mt since market sentiment was shored up by the rising domestic stock markets. SHFE lead prices finally closed up RMB 60/mt to RMB 15,020/mt. Trading volumes were up 66 lots to 246 lots, while positions increased 38 lots to 2,558 lots.

Key Words:  lead price   SHFE lead 

SMM Brief Review - 2012/7/19 SHFE Lead Futures

SMM Insight 04:24:45PM Jul 19, 2012 Source:SMM

SHANGHAI, Jul. 19 (SMM) – SHFE lead prices opened RMB 40/mt higher at RMB 14,995/mt Thursday boosted by positive US Housing Starts, and fluctuated up to hit RMB 15,075/mt since market sentiment was shored up by the rising domestic stock markets. SHFE lead prices finally closed up RMB 60/mt to RMB 15,020/mt. Trading volumes were up 66 lots to 246 lots, while positions increased 38 lots to 2,558 lots.

Key Words:  lead price   SHFE lead