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SMM Brief on SHFE Lead Futures (2013-7-12)
Jul 12,2013 18:51CST
price review forecast
Source:SMM
The most active SHFE lead contract price opened lower at RMB 13,905/mt Friday.

SHANGHAI, Jul. 12 (SMM) – The most active SHFE lead contract price opened lower at RMB 13,905/mt Friday with influence of Bernanke’s remark dissipating, and hovered between RMB 13,870-13,890/mt. Investors refused to enter the market, and some booked profits ahead of the weekend, with prices finally closing at RMB 13,875/mt, down RMB 75/mt. Trading volumes were down 74 lots to 84 lots, while positions increased 28 lots to 2,478 lots.

 
SHFE lead price

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