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SHFE 1507 Lead Gains RMB 105/mt (May 6, 2015)
May 6,2015 17:23CST
price review forecast
Source:SMM
SHFE 1507 lead, the most active contract, closed Tuesday evening session at RMB 13,940/mt, climbing RMB 140/mt.

SHANGHAI, May 6 (SMM) – SHFE 1507 lead, the most active contract, closed Tuesday evening session at RMB 13,940/mt, climbing RMB 140/mt.

The contract moved lower to RMB 13,840/mt after opening Wednesday morning session and soon rose fast to hover between RMB 13,910-13,970/mt, to finish at RMB 13,910/mt, up RMB 105/mt.

SMM/LME lead price ratio rebounded above 6.5 today as some investors sold foreign goods and bought domestic ones.
 

SHFE lead

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