SHFE 1508 Lead Sees a Growth of RMB 245/mt on Reducing Shorts (Jun. 18, 2015)

Published: Jun 18, 2015 17:23

Save

SHFE 1508 lead opened Wednesday evening session at RMB 12,750/mt and hovered between RMB 12,740-12,760/mt, to finish up RMB 15/mt at RMB 12,755/mt.

SHANGHAI, Jun. 18 (SMM) – SHFE 1508 lead opened Wednesday evening session at RMB 12,750/mt and hovered between RMB 12,740-12,760/mt, to finish up RMB 15/mt at RMB 12,755/mt.

The contract rebounded to RMB 12,990/mt on Thursday and closed the day at RMB 12,985/mt, up RMB 245/mt or 1.92%. Trading volumes rose 2,314 to 6,972 lots whereas positions dropped 474 to 13,550.

SHFE lead prices lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn