SMM Brief on SHFE Lead Futures (2012/10/12)

Oct 12, 2012 17:55

On Friday, SHFE lead prices opened at RMB 15,780/mt and rose to a high of RMB 15,860/mt due to the increase in Chinese stock markets.

SHANGHAI, Oct. 12 (SMM) – On Friday, SHFE lead prices opened at RMB 15,780/mt and rose to a high of RMB 15,860/mt due to the increase in Chinese stock markets. However, SHFE lead prices fell with a lack of upward momentum and fluctuated widely between RMB 15,700-15,740/mt. At the tail of trading, prices gained buying support at RMB 15,720/mt and closed at RMB 15,760/mt, down RMB 40/mt. Positions remained unchanged.

SHFE lead prices

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SMM Brief on SHFE Lead Futures (2012/10/12)

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