Home / Metal News / Zinc / SHFE Lead Grows 0.7% (Dec. 22, 2015)
SHFE Lead Grows 0.7% (Dec. 22, 2015)
Dec 22,2015 17:32CST
price review forecast
Source:SMM
SHFE 1602 lead started Monday evening session at RMB 13,090/mt before moving between RMB 13,055-13,160/mt.

SHANGHAI, Dec. 22 (SMM) – SHFE 1602 lead started Monday evening session at RMB 13,090/mt before moving between RMB 13,055-13,160/mt, to end at RMB 13,100/mt, up RMB 185/mt or 1.43%.

SHFE lead climbed higher to RMB 13,160/mt after opening Tuesday trading session but then fell back due to selloff pressure at highs. The contract stabilized at RMB 13,000-13,050/mt and closed at RMB 13,005/mt, up RMB 90/mt or 0.7%. Trading volumes fell 2,736 to 12,436 lots whilst positions were up 682 to 18,466.

SHFE 1602 lead will move on the weak side this evening with position opening by shorts higher than longs. The contract finds support at the 10-day moving average and RMB 13,000/mt. 


SHFE lead price
lead prices
Pb prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news