SHANGHAI, Jun. 11 (SMM) – The most active SHFE 1408 lead contract hovered at RMB 14,100/mt after starting Tuesday’s night session at RMB 14,045/mt, and closed up RMB 25/mt at RMB 14,090/mt. During the night session, traded volumes for the most active contract reached 322 lots, and positions lost 34 lots to 5,250 lots.

On Wednesday, SHFE lead prices rose as high as to RMB 14,340/mt, but later fell back to end up RMB 40/mt at RMB 14,105/mt. Traded volumes increased sharply to 1,972 lots, and positions expanded 188 lots to 5,472 lots.