SMM Brief on SHFE Lead Futures (2013-3-14)_SMM

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Home / Metal News / / SMM Brief on SHFE Lead Futures (2013-3-14)

SMM Brief on SHFE Lead Futures (2013-3-14)

Mar 14,2013 15:50

CST

smm insight

Source:SMM

SHFE 1305 lead contract price opened lower at RMB 14,630/mt along with other base metals on Thursday.

SHANGHAI, Mar. 14 (SMM) – SHFE 1305 lead contract price opened lower at RMB 14,630/mt along with other base metals on Thursday despite the increase in LME lead prices overnight. Prices then found buying support and climbed to end at RMB 14,730/mt, down RMB 20/mt. Trading volumes increased 26 lots to 136 lots, and positions were down 20 lots to 2,314 lots.

SHFE lead prices

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