SHFE Lead Prices Gains 1.71% (Aug. 20, 2015)-Shanghai Metals Market

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SHFE Lead Prices Gains 1.71% (Aug. 20, 2015)

Price Review & Forecast 05:31:01PM Aug 20, 2015 Source:SMM

SHANGHAI, Aug. 20 (SMM) – SHFE 1510 lead started at RMB 13,300/mt and once drifted higher to RMB 13,375/mt. But later the contract fell to RMB 13,260/mt as longs exited market and ended the session at RMB 13,305/mt, rising RMB 160/mt.

The October lead on the SHFE fluctuated on the strong side for day trading Thursday and narrowly hovered between RMB 13,270-13,290/mt by 11:00 am. In the afternoon, the contract reached RMB 13,395/mt before closing at RMB 13,370/mt, up by RMB 225/mt or 1.71%. Trading volumes declined 328 to 5,446 lots while positions grew 356 to 17,940.

 

Key Words:  SHFE lead prices   lead prices    
Relative News

Price

more
#1 Lead
Oct.17
17000.0
150.0
(0.89%)
#1 Lead - Guangdong
Oct.17
17000.0
150.0
(0.89%)
#1 Lead - Henan
Oct.17
16950.0
125.0
(0.74%)
#1 Lead -Tianjin
Oct.17
17000.0
175.0
(1.04%)
#2 Lead
Oct.17
16625.0
100.0
(0.61%)

SHFE Lead Prices Gains 1.71% (Aug. 20, 2015)

Price Review & Forecast 05:31:01PM Aug 20, 2015 Source:SMM

SHANGHAI, Aug. 20 (SMM) – SHFE 1510 lead started at RMB 13,300/mt and once drifted higher to RMB 13,375/mt. But later the contract fell to RMB 13,260/mt as longs exited market and ended the session at RMB 13,305/mt, rising RMB 160/mt.

The October lead on the SHFE fluctuated on the strong side for day trading Thursday and narrowly hovered between RMB 13,270-13,290/mt by 11:00 am. In the afternoon, the contract reached RMB 13,395/mt before closing at RMB 13,370/mt, up by RMB 225/mt or 1.71%. Trading volumes declined 328 to 5,446 lots while positions grew 356 to 17,940.

 

Key Words:  SHFE lead prices   lead prices