SMM Brief Review - 2012/7/20 SHFE Lead Futures-Shanghai Metals Market

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SMM Brief Review - 2012/7/20 SHFE Lead Futures

SMM Insight 05:15:38PM Jul 20, 2012 Source:SMM

SHANGHAI, Jul. 20 (SMM) – SHFE lead prices opened at RMB 15,050/mt July 20 and remained stable at the opening price in the morning. Later, SHFE lead fell to RMB 14,920/mt along with other metals but gained support at the 10-day moving average to stabilize at RMB 14,980/mt in the afternoon, with prices closing at RMB 14,995/mt. Trading volumes were up 126 lots to 372 lots, while positions fell 36 lots to 2,522 lots.

Key Words:  lead price   SHFE lead 

SMM Brief Review - 2012/7/20 SHFE Lead Futures

SMM Insight 05:15:38PM Jul 20, 2012 Source:SMM

SHANGHAI, Jul. 20 (SMM) – SHFE lead prices opened at RMB 15,050/mt July 20 and remained stable at the opening price in the morning. Later, SHFE lead fell to RMB 14,920/mt along with other metals but gained support at the 10-day moving average to stabilize at RMB 14,980/mt in the afternoon, with prices closing at RMB 14,995/mt. Trading volumes were up 126 lots to 372 lots, while positions fell 36 lots to 2,522 lots.

Key Words:  lead price   SHFE lead