Home / Metal News / SHFE Lead Closes down RMB 15/mt at RMB 12,955/mt (Jul. 3, 2015)

SHFE Lead Closes down RMB 15/mt at RMB 12,955/mt (Jul. 3, 2015)

iconJul 3, 2015 17:45
SHFE 1508 lead opened at RMB 13,100/mt during evening session Thursday and closed the session up RMB 80/mt at RMB 13,050/mt.

SHANGHAI, Jul. 3 (SMM) – SHFE 1508 lead opened at RMB 13,100/mt during evening session Thursday and closed the session up RMB 80/mt at RMB 13,050/mt.

The August-delivery lead touched a low of RMB 12,910/mt during Friday trading session and finished the day at RMB 12,955/mt, falling RMB 15/mt or 0.12%.

Strong resistance has emerged at the 10 and 20-day moving averages. Thus, the contract should move at low this evening.
 

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news