SHFE Lead Ends with Losses (Mar. 30, 2016)

Mar 30, 2016 17:02

SHFE 1605 lead started at RMB 13,550/mt for night trading Tuesday and then ranged RMB 13,450-13,575/mt.

SHANGHAI, Mar. 30 (SMM) – SHFE 1605 lead started at RMB 13,550/mt for night trading Tuesday and then ranged RMB 13,450-13,575/mt, to end at RMB 13,520/mt, down RMB 65/mt.

SHFE lead hovered around RMB 13,500 on Wednesday and sank to RMB 13,285/mt before closing the day at RMB 13,295/mt, down RMB 290/mt or 2.13%. Trading volumes were up 3,370 to 7,590 lots but positions were down 1,290 to 17,432.

SHFE 1605 lead should test support at the 60-day moving average this evening.

SHFE lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SHFE Lead Ends with Losses (Mar. 30, 2016)

SMM Events & Webinars

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025

AICE 2025 SMM (14th) Aluminum Industry Annual Conference