Home / Metal News / Lead / SMM Brief on SHFE Lead Futures (2012-10-24)
SMM Brief on SHFE Lead Futures (2012-10-24)
Oct 24,2012 16:27CST
smm insight
Source:SMM
SHFE lead started at RMB 15,450/mt before dropped to RMB 15,340-15,360/mt on October 24 as LME lead prices slumped overnight.

SHANGHAI, Oct. 24 (SMM) – SHFE lead started at RMB 15,450/mt before dropping to RMB 15,340-15,360/mt on October 24 as LME lead prices slumped overnight. SHFE lead prices fell to RMB 15,300/mt at midday due to increased selling pressures and finally ended the day at RMB 15,330/mt, up RMB 25/mt. Trading volumes were down 50 lots to 176 lots, and positions fell 42 lots to 1,190 lots.

 

SHFE lead prices
lead prices in Shanghai

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news