SMM Brief on SHFE Lead Prices (2014-4-18)

Apr 18, 2014 17:48

The most active SHFE 1405 lead contract price started Thursday’s night session at RMB 13,790/mt, and ended down RMB 5/mt at RMB 13,760/mt.

SHANGHAI, Apr. 18 (SMM) – The most active SHFE 1405 lead contract price started Thursday’s night session at RMB 13,790/mt, and ended down RMB 5/mt at RMB 13,760/mt. Traded volumes totaled 108 lots, while positions gained 12 lots to 5,982 lots. SHFE lead prices outperformed other base metals prices to hover Friday between RMB 13,790-13,800/mt, and finished up RMB 35/mt at RMB 13,800/mt, meeting resistance at the 40-day moving average. Traded volumes expanded 384 lots to 858 lots, and positions lost 60 lots to 5,910 lots.

SHFE lead prices

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SMM Brief on SHFE Lead Prices (2014-4-18)

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