SMM Brief on SHFE Lead Futures (2013-1-28)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-1-28)

SMM Insight 05:32:40PM Jan 28, 2013 Source:SMM

SHANGHAI, Jan. 28 (SMM) – The most active SHFE lead contract price opened lower at RMB 15,295/mt on January 28 due to the negative news from the US and Europe last Friday, and fell to RMB 15,245-15,260/mt due to falling LME lead prices. Prices finally ended at RMB 15,245/mt, down RMB 95/mt. Trading volumes slumped 216 lots to 70 lots, while positions were up 2 lots to 2,300 lots.
 

Key Words:  SHFE lead prices 

SMM Brief on SHFE Lead Futures (2013-1-28)

SMM Insight 05:32:40PM Jan 28, 2013 Source:SMM

SHANGHAI, Jan. 28 (SMM) – The most active SHFE lead contract price opened lower at RMB 15,295/mt on January 28 due to the negative news from the US and Europe last Friday, and fell to RMB 15,245-15,260/mt due to falling LME lead prices. Prices finally ended at RMB 15,245/mt, down RMB 95/mt. Trading volumes slumped 216 lots to 70 lots, while positions were up 2 lots to 2,300 lots.
 

Key Words:  SHFE lead prices