SHFE Lead Closes Up RMB 120/mt (Jan. 22, 2015)

Published: Jan 22, 2015 17:20
Lead for March delivery on the Shanghai Futures Exchange, the most active contract, rallied to RMB 12,695/mt after opening at RMB 12,445/mt in Wednesday’s night session.

SHANGHAI, Jan. 22 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, rallied to RMB 12,695/mt after opening at RMB 12,445/mt in Wednesday’s night session and closed up RMB 155/mt, or 1.24% at RMB 12,650/mt.

On Thursday, SHFE lead hovered at RMB 12,605-12,645/mt and finished up RMB 120/mt, or 0.96% at RMB 12,615/mt. Trading volumes for the most active contract gained 576 lots to 9,198 lots, while positions shed 1,352 to 17,216.
 

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