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SMM Brief on SHFE Lead Prices (2014-6-12)

iconJun 12, 2014 17:15
The most active SHFE lead contract started Wednesday’s night session at RMB 14,045/mt, and then went up to close at RMB 14,070/mt, down RMB 60/mt from previous session’s settle price of RMB 14130/mt.

SHANGHAI, Jun. 12 (SMM) – The most active SHFE lead contract started Wednesday’s night session at RMB 14,045/mt, and then went up to close at RMB 14,070/mt, down RMB 60/mt from previous session’s settle price of RMB 14130/mt.

On Thursday, SHFE lead prices rebounded to hover mostly at RMB 14,060/mt after falling briefly to RMB 14,035/mt, but finished down RMB 120/mt at an intraday low of RMB 14,010/mt. Traded volumes for the most active contract totaled 752 lots, and positions lost 60 lots to 5,412 lots.
 

SHFE lead prices
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