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Home / Metal News / SHFE 1508 Lead Loses RMB 25/mt on Reducing Longs (Jun. 17, 2015)

SHFE 1508 Lead Loses RMB 25/mt on Reducing Longs (Jun. 17, 2015)

Jun 17, 2015 18:11

Source:SMM

SHFE 1508 lead opened Tuesday evening session at RMB 12,720/mt and hovered between RMB 12,720-12,780/mt, to close at RMB 12,730/mt.

SHANGHAI, Jun. 17 (SMM) – SHFE 1508 lead opened Tuesday evening session at RMB 12,720/mt and hovered between RMB 12,720-12,780/mt, to close at RMB 12,730/mt.

Tonight will see US Fed’s meeting minutes and thus investors kept cautious, leaving trades soft. SHFE 1508 lead fluctuated between RMB 13,730-13,770/mt during Wednesday trading session and closed the session at RMB 12,705/mt with a loss of RMB 25/mt. Trading volumes totaled 4,658 lots while positions decreased 368 to 14,024.

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