SMM Brief on SHFE Lead Futures (2013-1-10)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-1-10)

SMM Insight 08:08:33PM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) – The most active SHFE lead contract price started at RMB 15,120/mt on January 10 given the positive foreign trade data for December. Prices then moved between RMB 15,150-15,170/mt and closed at RMB 15,200/mt, up RMB 75/mt. Longs showed strong trends boosted by favorable reports. Trading volumes were up 12 lots to 136 lots, and positions fell 12 lots to 2,198 lots.
 

Key Words:  SHFE lead prices 

SMM Brief on SHFE Lead Futures (2013-1-10)

SMM Insight 08:08:33PM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) – The most active SHFE lead contract price started at RMB 15,120/mt on January 10 given the positive foreign trade data for December. Prices then moved between RMB 15,150-15,170/mt and closed at RMB 15,200/mt, up RMB 75/mt. Longs showed strong trends boosted by favorable reports. Trading volumes were up 12 lots to 136 lots, and positions fell 12 lots to 2,198 lots.
 

Key Words:  SHFE lead prices