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SMM Brief on SHFE Lead Prices (2014-6-10)

iconJun 10, 2014 17:36
The most active SHFE 1408 lead contract crept surged to a high of RMB 14,480/mt after starting Monday’s night session at RMB 14,100/mt, but later fell to end up RMB 50/mt at RMB 14,060/mt.

SHANGHAI, Jun. 10 (SMM) – The most active SHFE 1408 lead contract crept surged to a high of RMB 14,480/mt after starting Monday’s night session at RMB 14,100/mt, but later fell to end up RMB 50/mt at RMB 14,060/mt.

On Tuesday, SHFE lead prices swung mostly between RMB 14,000-14,060/mt, and rose slightly at the tail of the trading to finish up RMB 75/mt at RMB 14,085/mt. Traded volumes for he most active contract totaled 704 lots, and positions added 28 lots to 5,284 lots.
 

SHFE lead prices
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