Metals News
SMM Brief on SHFE Lead Futures (2013-1-15)
smm insight
05:01PM
Jan 15,2013
Source:SMM

SHANGHAI, Jan. 15 (SMM) – The SHFE 1303 lead contract price gapped lower at RMB 15,220/mt on Tuesday as LME lead prices closed down overnight. Prices then remained between RMB 15,180-15,210/mt and fell in the afternoon with LME lead dipping below USD 2,300/mt to finally end the day at RMB 15,130/mt, down RMB 140/mt. Trading volumes were up 48 lots to 270 lots, and positions were up 20 lots to 2,190 lots.

 

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