SHFE Lead Closes at RMB 18,235/mt (Oct. 26, 2015)

Published: Oct 26, 2015 19:05

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SHFE 1512 lead started at RMB 13,280/mt last Friday night and dived to RMB 13,175/mt due to firmer dollar.

SHANGHAI, Oct. 26 (SMM) – SHFE 1512 lead started at RMB 13,280/mt last Friday night and dived to RMB 13,175/mt due to firmer dollar. Later, the contract rebounded thanks to China’s interest rate and RRR cut and closed the session at RMB 13,255/mt, up RMB 20/mt or 0.15%. Trading volumes dropped 5,252 to 1,806 lots and positions declined 148 to 14,044.

SHFE 1512 lead ranged between RMB 13,180-13,280/mt on Monday and ended the day at RMB 18,235. Trading volumes fell 1,788 to 5,270 lots and positions dropped 224 to 13,968.

SHFE lead price

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