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SMM Brief on SHFE Lead Futures (2013-2-26)
Feb 26,2013 16:08CST
price review forecast
Source:SMM
SHFE lead prices opened at RMB 15,050/mt on Tuesday and moved around the level in the morning trading session.

SHANGHAI, Feb. 26 (SMM) – SHFE lead prices opened at RMB 15,050/mt on Tuesday and moved around the level in the morning trading session. In the afternoon, reports that Italy may fail to form new government and stronger expectation for another around of election added to market concerns, driving both LME lead and domestic stock market to fall. LME lead prices thus closed at RMB 14,970/mt, down RMB 205/mt or 1.35%. Trading volumes were up 8 lots to 204 lots, while positions were up 86 lots to 2,168 lots. Settlement price of SHFE lead was RMB 15,027/mt.
 

SHFE lead prices

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