Home / Metal News /  / SHFE Lead Closes Down (2016-9-8)
SHFE Lead Closes Down (2016-9-8)
Sep 8,2016 17:30CST
price review forecast
Source:SMM
SHFE 1610 lead started at RMB 14,160/mt and ended at RMB 14,135/mt, down RMB 130/mt or 0.91%.

SHANGHIA, Sept. 8 (SMM) – On Wednesday’s night trading, SHFE 1610 lead opened lower at RMB 14,160/mt and soared to RMB 14,325/mt before falling to RMB 14,115/mt. The contract finally ended at RMB 14,150/mt.

On Thursday, SHFE 1610 lead started at RMB 14,160/mt and then ranged at RMB 14,130-14,210/mt before ending at RMB 14,135/mt, down RMB 130/mt or 0.91%. Trading volumes dropped 1,036 to 9,514 lots and positions reduced 1,040 to 18,798. SHFE 1610 lead fluctuated in a small range below the 10-day moving average on Thursday.

SHFE 1610 lead is expected to keep fluctuating for the short term with declines in trading volumes. 


SHFE lead price
LME lead prices
lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news