SHFE Lead Prices down RMB 155/mt (Sept. 14, 2015)-Shanghai Metals Market

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SHFE Lead Prices down RMB 155/mt (Sept. 14, 2015)

Price Review & Forecast 05:03:59PM Sep 14, 2015 Source:SMM

SHANGHAI, Sept. 14(SMM) – Last Friday evening, SHFE 1511 lead started at RMB 13,320/mt and lurched down to RMB 13,240/mt in response to LME lead. The contract bounced back slightly on short-covering before closing at RMB 13,305/mt, down RMB 90/mt.

SHFE lead once rebounded to RMB 13,350/mt after the open of Monday trading session but then drifted down to RMB 13,290/mt as Chinese shares dropped after the start of Monday session. The price finally finished RMB 155/mt lower at RMB 13,240/mt. Trading volumes totaled 3,756 lots with positions down 376 to 14,714. 


Key Words:  SHFE lead prices  lead prices 

SHFE Lead Prices down RMB 155/mt (Sept. 14, 2015)

Price Review & Forecast 05:03:59PM Sep 14, 2015 Source:SMM

SHANGHAI, Sept. 14(SMM) – Last Friday evening, SHFE 1511 lead started at RMB 13,320/mt and lurched down to RMB 13,240/mt in response to LME lead. The contract bounced back slightly on short-covering before closing at RMB 13,305/mt, down RMB 90/mt.

SHFE lead once rebounded to RMB 13,350/mt after the open of Monday trading session but then drifted down to RMB 13,290/mt as Chinese shares dropped after the start of Monday session. The price finally finished RMB 155/mt lower at RMB 13,240/mt. Trading volumes totaled 3,756 lots with positions down 376 to 14,714. 


Key Words:  SHFE lead prices  lead prices