Home / Metal News / SHFE Lead Slips RMB 35/mt (Sept. 22, 2015)

SHFE Lead Slips RMB 35/mt (Sept. 22, 2015)

iconSep 22, 2015 17:21
SHFE 1511 lead once moved higher to RMB 13,245/mt after opening Monday evening session at RMB 13,190/mt.

SHANGHAI, Sept. 22 (SMM) – SHFE 1511 lead once moved higher to RMB 13,245/mt after opening Monday evening session at RMB 13,190/mt, to end at RMB 13,210/mt, rising RMB 40/mt.

SHFE lead fell to RMB 13,100/mt on Tuesday as base metal prices were depressed by sell-offs on SHFE zinc. Later, the contract returned to RMB 13,180/mt on exit of shorts, to close at RMB 13,135/mt, down by RMB 35/mt. Trading volumes totaled 5,824 lots with positions down 128 to 13,126.

SHFE 1511 lead should test support at RMB 13,080/mt this evening. 


SHFE lead prices
lead prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news