SHANGHAI, Nov. 16 (SMM) – SHFE 1601 lead started at RMB 12,600/mt last Friday night and lurched up before closing at a high of RMB 12,690/mt, up RMB 60/mt or 0.48%. Trading volumes dropped 5,552 to 1,654 lots and positions increased 100 to 11,860.
SHFE 1601 lead ranged between RMB 12,650-12,700/mt on Monday and once lurched down to RMB 12,470/mt before closing at RMB 12,480/mt, down by RMB 150/mt or 1.19%. Trading volumes fell 1,488 to 5,718 lots and positions were up 732 to 12,492.
SHFE 1511 lead opened Monday trading session at RMB 12,550/mt and ended at RMB 13,000/mt with the session-high at RMB 13,010/mt. Trading volumes totaled 160 lots and positions were 1,490 with settlement price at RMB 12,715/mt.