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SMM Brief on SHFE Lead Futures (2013-3-18)

iconMar 18, 2013 18:02
The most active SHFE lead contract price fell RMB 100/mt soon after opening lower at RMB 14,650/mt on Monday.

SHANGHAI, Mar. 18 (SMM) – The most active SHFE lead contract price fell RMB 100/mt soon after opening lower at RMB 14,650/mt on Monday due to the unsteady political situation in the Europe. The contract then hovered near RMB 14,500/mt with LME lead falling below USD 2,200/mt and domestic stocks slipping 1.6%, to finally end at RMB 14,490/mt, down RMB 245/mt. Trading volumes increased 80 lots to 302 lots, while holdings were down 60 lots to 2,184 lots.

 

SHFE lead prices
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