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SHFE Lead Falls back (Mar. 21, 2016)
Mar 21,2016 17:03CST
price review forecast
Source:SMM
SHFE 1605 lead started at RMB 13,600/mt last Friday night and fell back to RMB13,470/mt.

SHANGHAI, Mar. 21 (SMM) – SHFE 1605 lead started at RMB 13,600/mt last Friday night and fell back to RMB13,470/mt, to close at RMB 13,590/mt, a fall of RMB 125/mt or 0.91%.

SHFE lead ranged RMB 13,600-13,700/mt during Monday trading session and ended the day at RMB 13,595/mt, off RMB 12/mt or 0.87%. Trading volumes dropped 4,052 to 8,784 lots and positions fell 412 to 18,070. 

SHFE 1505 lead will stay weak this evening with resistance at moving averages due to strong dollar.  

 

 


SHFE lead prices

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