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SMM Brief on SHFE Lead Prices (2014-3-14)
Mar 14,2014 17:24CST
price review forecast
Source:SMM
SHFE lead prices rallied to RMB 14,600/mt after starting at an intraday low of RMB 14,945/mt, and closed down RMB 35/mt at RMB 13,570/mt in Thursday’s night trading session.

SHANGHAI, Mar. 14 (SMM) – SHFE lead prices rallied to RMB 14,600/mt after starting at an intraday low of RMB 14,945/mt, and closed down RMB 35/mt at RMB 13,570/mt in Thursday’s night trading session. During the night session, trading volumes were 52 lots, while positions gained 26 lots to 8,710 lots. SHFE lead prices moved up to the range of RMB 13,560-13,580/mt after initially falling to RMB 13,520/mt, and finished down RMB 35/mt at RMB 13,570/mt on Friday. Trading volumes were 1,100 lots, and positions were off sharply 788 lots to 7,896 lots due to shorts liquidating positions.
 

SHFE lead prices

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