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SMM Brief on SHFE Lead Prices (2014-6-4)

iconJun 4, 2014 19:53
Source:SMM
The most active SHFE 1407 lead contract started Tuesday's night session at RMB 14,020/mt, and then dipped as low as RMB 13,955/mt before closing up RMB 10/mt at RMB 13,995/mt.

SHANGHAI, Jun. 4 (SMM) – The most active SHFE 1407 lead contract started Tuesday's night session at RMB 14,020/mt, and then dipped as low as RMB 13,955/mt before closing up RMB 10/mt at RMB 13,995/mt. During the night session, traded positions totaled 10 lots, while positions gained 4 lots to 4,752 lots. On Wednesday, SHFE lead prices managed to hover around RMB 13,985/mt during the morning trading session, but fell sharply subsequently to end down RMB 30/mt at RMB 13,955/mt on Wednesday. Traded volumes amounted to 264 lots, while positions shed 320 lots to 4,428 lots.

SHFE lead prices

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