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Home / Metal News / SHFE Lead Hovers between 5-Day and 10-Day Moving Averages (Oct. 23, 2014)

SHFE Lead Hovers between 5-Day and 10-Day Moving Averages (Oct. 23, 2014)

Oct 23, 2014 17:33

Source:SMM

Lead for December delivery on the Shanghai Futures Exchange, the most active contract, fluctuated between RMB 13,615-13,675/mt during Wednesday’s night session.

SHANGHAI, Oct. 23 (SMM) – Lead for December delivery on the Shanghai Futures Exchange, the most active contract, fluctuated between RMB 13,615-13,675/mt during Wednesday’s night session after opening at RMB 13,670/mt, and ended flat at RMB 13,635/mt.

SHFE lead hovered largely between the 5-day and 10-day moving averages on Thursday, with positions down by 626 lots. Total trading volumes shed by 1,352 lots.

SHFE lead prices

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SHFE 1510 lead opened at RMB 13,520/mt for night trading last Friday and once dipped to RMB 13,330/mt.

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SHFE Lead Hovers between 5-Day and 10-Day Moving Averages (Oct. 23, 2014)

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