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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-3-27)

SMM Brief on SHFE Lead Futures (2013-3-27)

Mar 27, 2013 17:33

Source:SMM

SHFE 1305 lead contract price started lower at RMB 14,485/mt on March 27.

SHANGHAI, Mar. 27 (SMM) – SHFE 1305 lead contract price started lower at RMB 14,485/mt on March 27 as the mixed US economic and worries about the influence of the Cyrus bailout drove the LME lead prices to fall sharply overnight. Prices then moved narrowly between RMB 14,470-14,500/mt with investors unwilling to enter the market, and finally closed down RMB 120/mt to RMB 14,450/mt. Traded volumes were up 58 lots to 232 lots, and positions remained unchanged.

SHFE lead prices

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