August-delivery Lead Surges RMB 440/mt on Rising Longs (Jul. 2, 2015)

Published: Jul 2, 2015 17:27

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SHFE 1508 lead started at RMB 12,840/mt during Wednesday evening session and moved between RMB 12,800-12,900/mt, to finally close up RMB 190/mt at RMB12,850/mt.

SHANGHAI, Jun. 2 (SMM) – SHFE 1508 lead started at RMB 12,840/mt during Wednesday evening session and moved between RMB 12,800-12,900/mt, to finally close up RMB 190/mt at RMB12,850/mt.

Market players turned more optimistic Thursday and metals prices grew across the board. The August-delivery lead on the SHFE closed Thursday trading session at RMB 13,100/mt, up RMB 440/mt or 3.48%.

SHFE lead prices lead prices

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