SMM Brief on SHFE Lead Futures (2013-3-4)

Mar 4, 2013 15:49

The SHFE 1305 lead contract price became the most actively traded one on March 4 and opened lower at RMB 14,965/mt.

SHANGHAI, Mar. 4 (SMM) – The SHFE 1305 lead contract price became the most actively traded one on March 4 and opened lower at RMB 14,965/mt. Prices kept falling as the Shanghai Composite Index fell 3.65% due to the slump in property sector and finally closed at RMB 14,885/mt, down RMB 125/mt. Trading volumes fell 12 lots to 210 lots, while positions were up 118 lots to 2,026 lots, but settlement price was slightly higher at RMB 14,941/mt.

SHFE lead prices

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SMM Brief on SHFE Lead Futures (2013-3-4)

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