Home / Metal News /  / SMM Brief on SHFE Lead Prices (2014-4-2)
SMM Brief on SHFE Lead Prices (2014-4-2)
Apr 2,2014 17:57CST
price review forecast
Source:SMM
With most positive European and US economic data released overnight, the most active SHFE lead contract price started at a high of RMB 13,740/mt, but later leveled off to around RMB 13,725/mt.

SHANGHAI, Apr. 2 (SMM) – With most positive European and US economic data released overnight, the most active SHFE lead contract price started at a high of RMB 13,740/mt, but later leveled off to around RMB 13,725/mt during Tuesday’s night session. The metal closed flat at RMB 13,725/mt. Trading volumes were only 14 lots, and positions were flat at 7,198 lots. On Wednesday, SHFE lead prices initially fell to RMB 13,640/mt, and then bounced back to RMB 13,720/mt. The metal hovered mostly between RMB 13,700-13,720/mt in the afternoon trading session, and ended at RMB 13,720/mt. During the daytime session, trading volumes were 540 lots, while positions were off 150 lots to 7,048 lots.
 

SHFE lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news