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Home / Metal News / SHFE Lead up by RMB 160/mt on a Rally in Chinese Stock Market (Aug. 28, 2015)

SHFE Lead up by RMB 160/mt on a Rally in Chinese Stock Market (Aug. 28, 2015)

Aug 28, 2015 18:35

Source:SMM

SHFE 1510 lead gapped higher at RMB 13,360/mt for night trading Thursday and then advanced to RMB 13,520/mt.

SHANGHAI, Aug. 28 (SMM) – SHFE 1510 lead gapped higher at RMB 13,360/mt for night trading Thursday and then advanced to RMB 13,520/mt thanks to the growth in crude oil prices, to close at RMB 13,445/mt, gaining RMB 190/mt or 1.43%.

China’s A-shares lurched up on Friday and SHFE 1510 lead rallied, to close at RMB 13,415/mt, up by RMB 160/mt. Trading volumes grew 1,012 to 7,368 lots while positions declined 430 to 16,254.

SHFE lead prices

lead prices

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SHFE Lead up by RMB 160/mt on a Rally in Chinese Stock Market (Aug. 28, 2015)

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