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

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

SMM Insight 04:00:27PM Jan 16, 2013 Source:SMM

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.

 

Key Words:  SHFE lead prices 

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

SMM Insight 04:00:27PM Jan 16, 2013 Source:SMM

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.

 

Key Words:  SHFE lead prices