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SHFE1508 Lead Price Witnesses a Drop of RMB 55/mt (Jun. 11, 2015)
Jun 11,2015 16:53CST
price review forecast
Source:SMM
SHFE 1508 lead started at RMB 13,260/mt and ended down RMB 15/mt at RMB 13,205/mt Wednesday evening session with the session low at RMB 13,200/mt.

SHANGHAI, Jun. 11 (SMM) – SHFE 1508 lead started at RMB 13,260/mt and ended down RMB 15/mt at RMB 13,205/mt Wednesday evening session with the session low at RMB 13,200/mt.

The contract touched a low of RMB 13,155/mt on Thursday as slow growth in China’s investment triggered worries that its economy developing speed will slip, to finish the day at RMB 13,165/mt, down RMB 55/mt or 0.42%. Trading volumes dropped 1,622 to 2,802 lots with positions down 90 to 12,018.
 

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