SMM Brief on SHFE Lead Futures (2013-1-25)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-1-25)

SMM Insight 05:59:26PM Jan 25, 2013 Source:SMM

SHANGHAI, Jan. 25 (SMM) – The SHFE 1303 lead contract price opened higher at RMB 15,250/mt on January 25 as LME lead prices broke through USD 2,400/mt mark overnight. Prices then moved around RMB 15,270/mt and continued the upward trend in the afternoon despite falls in domestic stock markets. The most active SHFE lead contract was finally settled at RMB 15,340/mt. Trading volumes increased 46 lots to 286 lots, while positions were up 50 lots to 2,298 lots.

 

Key Words:  SHFE lead prices 

SMM Brief on SHFE Lead Futures (2013-1-25)

SMM Insight 05:59:26PM Jan 25, 2013 Source:SMM

SHANGHAI, Jan. 25 (SMM) – The SHFE 1303 lead contract price opened higher at RMB 15,250/mt on January 25 as LME lead prices broke through USD 2,400/mt mark overnight. Prices then moved around RMB 15,270/mt and continued the upward trend in the afternoon despite falls in domestic stock markets. The most active SHFE lead contract was finally settled at RMB 15,340/mt. Trading volumes increased 46 lots to 286 lots, while positions were up 50 lots to 2,298 lots.

 

Key Words:  SHFE lead prices