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SMM Brief on SHFE Lead Futures (2013-2-22)
Feb 22,2013 18:49CST
smm insight
Source:SMM
The most active SHFE lead contract price dipped to a low of RMB 15,030/mt after opening at RMB 15,090/mt on Friday.

SHANGHAI, Feb. 22 (SMM) – The most active SHFE lead contract price dipped to a low of RMB 15,030/mt after opening at RMB 15,090/mt on Friday, but later stabilized to move around RMB 15,080/mt. At the tail of trading, SHFE lead prices showed a sign of rebounding but still lacked impetus due to depressed stock markets to finally close at RMB 15,115/mt, up RMB 75/mt from the previous trading day. Trading volumes increased 130 lots to 400 lots, while positions were down 102 lots to 2,332 lots.

 

SHFE lead prices

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