Home / Metal News /  / SHFE 1508 Lead Sees a Growth of RMB 245/mt on Reducing Shorts (Jun. 18, 2015)
SHFE 1508 Lead Sees a Growth of RMB 245/mt on Reducing Shorts (Jun. 18, 2015)
Jun 18,2015 17:23CST
price review forecast
Source: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.

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.
 

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