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SHFE Lead Trades Up (Mar. 25, 2016)

iconMar 25, 2016 18:03
Source:SMM
SHFE 1605 lead started at RMB 13,495/mt overnight and then moved between RMB 13,500-13,540/mt and ended at RMB 13,530/mt.

SHANGHAI, Mar. 25 (SMM) – SHFE 1605 lead started at RMB 13,495/mt overnight and then moved between RMB 13,500-13,540/mt and ended at RMB 13,530/mt, up RMB 5/mt or 0.04%.

SHFE lead ranged RMB 13,500-13,590/mt on Friday and closed the day at RMB 13,540/mt, gaining RMB 15/mt or 0.11%. Trading volumes reduced 3,456 to 4,546 lots and positions fell 74 to 18,764.

SHFE 1605 lead should see weak trading tonight with resistance at the 5 and 10-day moving averages. 


SHFE lead prices

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