SMM Brief on SHFE Lead Futures (2013-6-4)-Shanghai Metals Market

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SMM Brief on SHFE Lead Futures (2013-6-4)

SMM Insight 04:17:08PM Jun 04, 2013 Source:SMM
SHANGHAI, Jun. 4 (SMM) – The most active SHFE 1307 lead contract price opened slightly lower at RMB 14,075/mt on Tuesday, and moved around the level in the morning trading session. At midday, the increasing buying support drove prices to cross above RMB 14,100/mt and to touch a high of RMB 14,120/mt. The most active contract finally closed at RMB 14,100/mt, up RMB 10/mt. Trading volumes spiked 498 lots to 618 lots, but positions fell sharply by 282 lost to 1,822 lots.
Key Words:  SHFE lead price 

SMM Brief on SHFE Lead Futures (2013-6-4)

SMM Insight 04:17:08PM Jun 04, 2013 Source:SMM
SHANGHAI, Jun. 4 (SMM) – The most active SHFE 1307 lead contract price opened slightly lower at RMB 14,075/mt on Tuesday, and moved around the level in the morning trading session. At midday, the increasing buying support drove prices to cross above RMB 14,100/mt and to touch a high of RMB 14,120/mt. The most active contract finally closed at RMB 14,100/mt, up RMB 10/mt. Trading volumes spiked 498 lots to 618 lots, but positions fell sharply by 282 lost to 1,822 lots.
Key Words:  SHFE lead price