[Pb Price]SHFE Lead Reaches RMB 12,690/mt (Jul. 28, 2015)

Published: Jul 28, 2015 17:20
SHFE 1510 lead opened at RMB 12,625/mt during Monday evening session.

SHANGHAI, Jul. 28 (SMM) – SHFE 1510 lead opened at RMB 12,625/mt during Monday evening session and ended down RMB 70/mt at RMB 12,605/mt with the high-end price at RMB 12,590/mt and high end price at RMB 12,665/mt due to shorts exiting market.

On Tuesday, black metal and non-ferrous metal prices all rallied. SHFE lead soared to RMB 12,690/mt before hovering between RMB 12,660-12,690/mt. The prices faced pressures at the 5-day moving average and closed at RMB 12,680/mt, up by RMB 5/mt. Trading volumes were 2,524 lots and positions grew 544 to 16,726.

 

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