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SMM Brief on SHFE Lead Futures (2012-10-30)
Oct 30,2012 17:10CST
smm insight
Source:SMM
SHFE lead prices opened lower at RMB 15,105/mt October 30, a new low in eight months and moved between RMB 15,130-15,180/mt.

SHANGHAI, Oct. 30 (SMM) – Since the weaker Spanish economic data triggered market concerns, SHFE lead prices opened lower at RMB 15,105/mt October 30, a new low in eight months and moved between RMB 15,130-15,180/mt. SHFE lead showed some resilience to declines compared with other base metals, with prices finally closing at RMB 15,160/mt. Trading volumes were down 108 lots to 28 lots, while positions fell 10 lots to 1,204 lots.
 

SHFE lead prices

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