SHFE Lead Closes with Losses (May 20, 2016)

Published: May 20, 2016 18:43
SHFE 1607 lead contract started at RMB 12,835/mt overnight and moved lower to RMB 12,730/mt.

SHANGHAI, May 20 (SMM) – SHFE 1607 lead contract started at RMB 12,835/mt overnight and moved lower to RMB 12,730/mt. The contract grew to RMB 12,780/mt before closing at RMB 12,780/mt, down RMB 55/mt or 0.43%.

SHFE 1607 lead opened at RMB 12,780/mt on Friday and moved around RMB 12,770/mt before diving to RMB 12,675/mt. The contract ended at RMB 12,795/mt, off RMB 40/mt or 0.31%. Trading volumes were down 2,276 to 9,578 lots and positions grew 376 to 16,898.


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