[Pb Price]SHFE Lead Gains 1.91% (Aug. 10, 2015)

Published: Aug 10, 2015 17:48
SHFE 1510 lead started at RMB 12,765/mt for night trading Friday and touched a low of RMB 12,725/mt.

SHANGHAI, Aug. 10 (SMM) – SHFE 1510 lead started at RMB 12,765/mt for night trading Friday and touched a low of RMB 12,725/mt. Later, the price soared to RMB 12,900/mt and closed at RMB 12,850/mt, rising RMB 35/mt with shorts closing positions.

SHFE lead held strong around RMB 12,850/mt on Monday despite of China’s poor PPI and trade data. Then the contract advanced to RMB 13,110/mt as Chinese stocks headed for stability and ended up RMB 245/mt or 1.91% at RMB 13,060/mt. Trading volumes grew to 5,364 lots and positions rose 234 to 18,396.

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.

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[Pb Price]SHFE Lead Gains 1.91% (Aug. 10, 2015) - Shanghai Metals Market (SMM)