SMM Brief on SHFE Lead Futures (2013-1-9)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-1-9)

SMM Insight 04:57:14PM Jan 09, 2013 Source:SMM

SHANGHAI, Jan. 9 (SMM) – The most active SHFE lead contract price opened at a new low for the year of RMB 15,100/mt on January 9 influenced by the LME lead price movement overnight. The most traded contract price then moved narrowly between RMB 15,100-15,130/mt. Investors remained cautious due to a lack of economic reports, and SHFE lead prices ended at RMB 15,125/mt. Trading volumes were down 10 lots to 124 lots, and positions fell 78 lots to 2,210 lots.

 

Key Words:  SHFE lead prices 

Price

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SMM #1 Nickel
Oct.15
133850.0
-3200.0
(-2.33%)
#1 JinChuan Nickel
Oct.15
134050.0
-3100.0
(-2.26%)
#1 Import Nickel
Oct.15
133650.0
-3300.0
(-2.41%)
JinChuan B&C
Oct.15
2200.0
1550.0
(238.46%)
Russian nickel premium
Oct.15
1900.0
1450.0
(322.22%)

SMM Brief on SHFE Lead Futures (2013-1-9)

SMM Insight 04:57:14PM Jan 09, 2013 Source:SMM

SHANGHAI, Jan. 9 (SMM) – The most active SHFE lead contract price opened at a new low for the year of RMB 15,100/mt on January 9 influenced by the LME lead price movement overnight. The most traded contract price then moved narrowly between RMB 15,100-15,130/mt. Investors remained cautious due to a lack of economic reports, and SHFE lead prices ended at RMB 15,125/mt. Trading volumes were down 10 lots to 124 lots, and positions fell 78 lots to 2,210 lots.

 

Key Words:  SHFE lead prices