SMM Brief on SHFE Lead Futures (2013-1-15)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-1-15)

SMM Insight 05:01:29PM 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.

 

Price

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1# Zinc
Oct.16
18930.0
-110.0
(-0.58%)
0# Zinc
Oct.16
19000.0
-110.0
(-0.58%)
T/C for domestic zinc concentrate
Oct.01
6325.0
0.0
(0.00%)
T/C for imported zinc concentrate
Oct.01
280.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Oct.16
19900.0
-110.0
(-0.55%)

SMM Brief on SHFE Lead Futures (2013-1-15)

SMM Insight 05:01:29PM 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.