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SMM Brief on SHFE Lead Futures (2013-3-21)
Mar 21,2013 16:52CST
smm insight
Source:SMM
The most active SHFE lead contract price opened at RMB 14,570/mt on March 21.

SHANGHAI, Mar. 21 (SMM) – The most active SHFE lead contract price opened at RMB 14,570/mt on March 21 and hit a high of RMB 14,610/mt due to positive China PMI and rises in domestic stocks and SHFE copper prices. The contract finally settled at RMB 14,590/mt, up RMB 40/mt and standing above the 5-day moving average this week. Trading volumes fell 170 lots to 88 lots, while positions were down 14 lots to 2,146 lots.

 

SHFE lead prices

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