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SHFE Lead Edges up RMB 25/mt (Sept. 23, 2015)
Sep 23, 2015 16:34Source:SMM
SHFE 1511 lead gapped lower at RMB 13,060/mt for night trading Tuesday in response to LME lead.
SHANGHAI, Sept. 23 (SMM) – SHFE 1511 lead gapped lower at RMB 13,060/mt for night trading Tuesday in response to LME lead. Then, the contract fluctuated between RMB 13,040-13,090/mt, to end at RMB 13,055/mt, down by RMB 80/mt.
SHFE 1511 lead drifted higher to RMB 13,200/mt with a rally in base metals as SHFE zinc rebounded following 3 consecutive days’ fall and finally ended at RMB 13,185/mt, up by RMB 25/mt. Trading volumes totaled 7,170 lots and positions fell 244 to 12,882.
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