SMM Brief on SHFE Lead Prices (2014-4-8)

Apr 8, 2014 17:19

The most active SHFE 1405 lead contract price started Tuesday a touch higher at RMB 13,735/mt, and trended up slightly with the help of a rally in the Shanghai Composite Index.

SHANGHAI, Apr. 8 (SMM) – The most active SHFE 1405 lead contract price started Tuesday a touch higher at RMB 13,735/mt, and trended up slightly with the help of a rally in the Shanghai Composite Index. The contract prices hovered most of the day between RMB 13,700-13,740/mt, and finished up RMB 30/mt at RMB 13,740/mt, finding support at the 20-day moving average. Traded volumes rose to 680 lots, while positions lost 200 lots to 6,436 lots.

SHFE lead prices

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SMM Brief on SHFE Lead Prices (2014-4-8)

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