SHFE Lead Returns to Gain RMB 90/mt on a Rally in Chinese Stock Market (Sept. 16, 2015)-Shanghai Metals Market

Hot Keywords

  • Copper
  • Zinc
  • Inventory data
  • Macroeconomics
  • Nickel
  • MMi Iron Ore Port Index
  • Aluminium
  • trend forecast
  • Operation update
  • Operating rates
  • Futures movement
  • price
  • Wanbao Minerals
  • Sales data
  • Primary lead

SHFE Lead Returns to Gain RMB 90/mt on a Rally in Chinese Stock Market (Sept. 16, 2015)

Price Review & Forecast 05:05:07PM Sep 16, 2015 Source:SMM

SHANGHAI, Sept. 16 (SMM) – SHFE 1511 lead started at RMB 13,210/mt during Tuesday evening session and then followed LME lead up, to close at a high of RMB 13,360/mt, up by RMB 130/mt.

SHFE lead lurched down after the open of Wednesday trading session and dipped to RMB 13,265/mt. However, the contract bounced back to RMB 13,345/mt thanks to a rally of 4.89% in Chinese stock market, to end at RMB 13,320/mt, rising RMB 90/mt. Trading volumes totaled 3,944 lots and positions fell 604 to 12,866 with shorts exiting market. 


Key Words:  SHFE lead prices  lead prices 

SHFE Lead Returns to Gain RMB 90/mt on a Rally in Chinese Stock Market (Sept. 16, 2015)

Price Review & Forecast 05:05:07PM Sep 16, 2015 Source:SMM

SHANGHAI, Sept. 16 (SMM) – SHFE 1511 lead started at RMB 13,210/mt during Tuesday evening session and then followed LME lead up, to close at a high of RMB 13,360/mt, up by RMB 130/mt.

SHFE lead lurched down after the open of Wednesday trading session and dipped to RMB 13,265/mt. However, the contract bounced back to RMB 13,345/mt thanks to a rally of 4.89% in Chinese stock market, to end at RMB 13,320/mt, rising RMB 90/mt. Trading volumes totaled 3,944 lots and positions fell 604 to 12,866 with shorts exiting market. 


Key Words:  SHFE lead prices  lead prices