SHFE Lead Posts Losses (April 25, 2016)
SHANGHAI, Apr. 25 (SMM) – SHFE 1606 lead started at RMB 13,430/mt for night session last Friday and traced LME lead up to RMB 13,640/mt. Later, the contract fell to RMB 13,180/mt before ending at RMB 13,385/mt, off RMB 45/mt.
SHFE 1606 lead ranged between RMB 13,310-13,400/mt on Monday and closed the day at RMB 13,420/mt, down by RMB 10/mt or 0.07%. Trading volumes dropped 1,272 to 16,202 lots and positions slid 160 to 17,442.
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