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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-1-16)

SMM Brief on SHFE Lead Futures (2013-1-16)

Jan 16, 2013 16:00

Source:SMM

The SHFE 1303 lead contract price opened RMB 70/mt higher at RMB 15,205/mt on January 16.

SHANGHAI, Jan. 16 (SMM) – The SHFE 1303 lead contract price opened RMB 70/mt higher at RMB 15,205/mt on January 16. Although LME lead prices and SHFE copper rallied in the morning, SHFE lead prices remained weak between RMB 15,150-15,170/mt, and finally closed at RMB 15,170/mt, up RMB 40/mt. Trading volumes were down 146 lots to 124 lots, and positions fell 8 lots to 2,182 lots.

SHFE lead prices

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