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Home / Metal News / SHFE Lead Ends Lower, Hovering below Major Moving Averages (Oct. 27, 2014)

SHFE Lead Ends Lower, Hovering below Major Moving Averages (Oct. 27, 2014)

Oct 27, 2014 17:08

Source:SMM

Lead for December delivery on the Shanghai Futures Exchange, the most active contract, opened last Friday’s night session at RMB 13,655/mt.

SHANGHAI, Oct. 27 (SMM) – Lead for December delivery on the Shanghai Futures Exchange, the most active contract, opened last Friday’s night session at RMB 13,655/mt, and then retreated to finish down RMB 35/mt, or 0.26% at RMB 13,620/mt.

On Monday, SHFE lead hovered mostly at RMB 13,595-13,620/mt, and closed down RMB 40/mt, or 0.29%, at RMB 13,615/mt. Trading volumes for the SHFE 1412 lead contract shrank 32 lots to 984 lots, but positions gained 6 lots to 9,084 lots.

SHFE lead prices

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