SMM Brief on SHFE Lead Futures (2013-4-16)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-4-16)

SMM Insight 04:38:09PM Apr 16, 2013 Source:SMM

SHANGHAI, Apr. 16 (SMM) – SHFE 1306 lead contract price gapped lower at RMB 13,805/mt on Tuesday, a new low since October 2011, and rallied soon after opening but with increase limited. Prices hovered between RMB 13,990-14,080/mt to close at RMB 14,035/mt, up RMB 15/mt from a day earlier. Trading was enlivened, with traded volumes up 236 lots to 392 lots. Positions fell 24 lots to 2,132 lots.
 

Key Words:  SHFE lead price 

SMM Brief on SHFE Lead Futures (2013-4-16)

SMM Insight 04:38:09PM Apr 16, 2013 Source:SMM

SHANGHAI, Apr. 16 (SMM) – SHFE 1306 lead contract price gapped lower at RMB 13,805/mt on Tuesday, a new low since October 2011, and rallied soon after opening but with increase limited. Prices hovered between RMB 13,990-14,080/mt to close at RMB 14,035/mt, up RMB 15/mt from a day earlier. Trading was enlivened, with traded volumes up 236 lots to 392 lots. Positions fell 24 lots to 2,132 lots.
 

Key Words:  SHFE lead price