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Home / Metal News / SHFE Lead Closes at an Intra-Day High (Mar. 11, 2016)

SHFE Lead Closes at an Intra-Day High (Mar. 11, 2016)

Mar 11, 2016 15:34

Source:SMM

SHFE 1605 lead started at RMB 13,630/mt overnight and once dipped to RMB 13,520/mt.

SHANGHAI, Mar. 11 (SMM) – SHFE 1605 lead started at RMB 13,630/mt overnight and once dipped to RMB 13,520/mt. Later, the contract moved around RMB 13,650/mt after finding support at the 20-day moving average, to close at RMB 13,590/mt, a drop of RMB 85/mt or 0.62%.

SHFE 1605 lead gradually moved higher to RMB 13,770/mt on Friday and ended the day at RMB 13,770/mt, a gain of RMB 95/mt or 0.69%. Trading volumes dropped 1,270 to 7,014 lots while positions grew 530 to 18,830.

SHFE lead prices

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SHFE 1510 lead opened at RMB 13,520/mt for night trading last Friday and once dipped to RMB 13,330/mt.

Aug 31, 2015 18:17

SMM Comments

SMM Lead Market Daily Review (2015-8-27)

SHFE 1510 lead gapped lower at RMB 13,145/mt for night trading Wednesday and then ranged between RMB 13,115-13,275/mt.

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SMM Lead Market Daily Review (2015-8-21)

SHFE 1510 lead started Thursday evening session at RMB 13,475/mt and extended day trading rising momentum to RMB 13,860/mt.

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SMM Lead Market Daily Review (2015-8-20)

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SMM Comments

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SMM Comments

SHFE Lead Closes Up RMB 85/mt at RMB 12,380/mt (Jan. 7, 2015)

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SHFE Lead Closes at an Intra-Day High (Mar. 11, 2016)

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