SHFE 1506 Lead Contract Prices Close RMB 290/mt higher (Apr. 13, 2015)

Apr 13, 2015 17:50

SHFE 1506 lead contract prices opened at RMB 13,450/mt last Friday evening, reaching as high as RMB 13,500/mt and closing at RMB 13,350/mt, up RMB 320/mt.

SHANGHAI, Apr. 13 (SMM) – SHFE 1506 lead contract prices opened at RMB 13,450/mt last Friday evening, reaching as high as RMB 13,500/mt and closing at RMB 13,350/mt, up RMB 320/mt.

The June delivery lead fell to RMB 13,240-13,260/mt after starting on Monday as China’s trade data turned out weak and LME lead prices slipped. China’s exports in March fell by 15% on the month and imports posted a 12.7% drop. The most active SHFE lead contract rose back to RMB 13,320/mt at the tail of trading supported by a wave of buying, and ended at RMB 13,320/mt, up RMB 290/mt. Trading volumes were 23,234 lots, and positions grew 2,138.

SHFE lead

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SHFE 1506 Lead Contract Prices Close RMB 290/mt higher (Apr. 13, 2015)

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