Home / Metal News / SHFE Lead Falls 0.27% (Jan. 20, 2016)

SHFE Lead Falls 0.27% (Jan. 20, 2016)

iconJan 20, 2016 18:05
Source:SMM
SHFE 1603 lead started at RMB 13,010/mt for night trading Tuesday and once touched a high of RMB 13,055/mt.

SHANGHAI Jan. 20 (SMM) – SHFE 1603 lead started at RMB 13,010/mt for night trading Tuesday and once touched a high of RMB 13,055/mt. The contract later fell back before ending at RMB 12,965/mt.

SHFE 1603 lead lurched down to RMB 12,805/mt on Wednesday, hurt by plummeting crude oil prices and slump in Asian and Pacific stock market. The contract late bounced back and closed at RMB 12,870/mt, down by RMB 35/mt or 0.27%. Trading volumes reduced 1,534 to 8,354 lots and positions declined 882 to 14,306.

SHFE 1603 lead should remain weak this evening amid overall bearishness. 


SHFE lead price

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

SMM Events & Webinars

All