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Home / Metal News / SMM Brief Review - 2012/7/27 SHFE Lead Futures

SMM Brief Review - 2012/7/27 SHFE Lead Futures

Jul 27, 2012 15:59

SHFE lead prices rose after opening higher at RMB 14,835/mt July 27.

SHANGHAI, Jul. 27 (SMM) – SHFE lead prices rose after opening higher at RMB 14,835/mt July 27 due to the news that the ECB promised to save the euro and influence from LME lead prices. SHFE lead fluctuated up and gained strong buying support at RMB 14,950/mt, regaining the losses since early this week, with prices finally closing at RMB 15,000/mt, up RMB 210/mt. Trading volumes were down 10 lots to 194 lots, while positions fell 50 lots to 2,742 lots.

lead price

SHFE lead

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