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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-11-8)

SMM Brief on SHFE Lead Futures (2013-11-8)

Nov 8, 2013 17:27

The most active SHFE lead prices continued to track losses by LME lead prices and started lower at RMB 14,280/mt on Friday.

SHANGHAI, Nov. 8 (SMM) – The most active SHFE lead prices continued to track losses by LME lead prices and started lower at RMB 14,280/mt on Friday. The prices basically hovered around RMB 14,290/mt ahead of the afternoon trading session, and fell further at the tail of the trading day as risk aversion sentiment increased in the market amid uncertainties over the US nonfarm payrolls. SHFE lead finally closed Friday at an intraday low of RMB 14,250/mt, down RMB 60/mt. Trading volumes contracted 100 lots to 312 lots, while open interest shrank 173 lots to 9,286 lots.

SHFE lead prices

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