SHFE Lead Closes down (May 6, 2016)-Shanghai Metals Market

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SHFE Lead Closes down (May 6, 2016)

Price Review & Forecast 04:13:30PM May 06, 2016 Source:SMM

SHANGHAI, May 6 (SMM) – SHFE 1607 lead shifted to the most active contract overnight. The contract started at RMB 13,070/mt and moved around RMB 13,000/mt with closing prices at RMB 12,995/mt.

SHFE 1607 lead sank to RMB 12,845/mt on Friday and closed at RMB 12,925/mt, down RMB 210/mt or 1.6%. Trading volumes were up 4,430 to 8,746 lots and positions grew 1,898 to 15,304.

SHFE 1607 lead should fall further this evening. 


Key Words:  SHFE lead prices 

SHFE Lead Closes down (May 6, 2016)

Price Review & Forecast 04:13:30PM May 06, 2016 Source:SMM

SHANGHAI, May 6 (SMM) – SHFE 1607 lead shifted to the most active contract overnight. The contract started at RMB 13,070/mt and moved around RMB 13,000/mt with closing prices at RMB 12,995/mt.

SHFE 1607 lead sank to RMB 12,845/mt on Friday and closed at RMB 12,925/mt, down RMB 210/mt or 1.6%. Trading volumes were up 4,430 to 8,746 lots and positions grew 1,898 to 15,304.

SHFE 1607 lead should fall further this evening. 


Key Words:  SHFE lead prices