Metals News
SHFE Lead Closes with Gains (2016-10-17)
price review forecast
Oct 17,2016

SHANGHAI, Oct. 17 (SMM) – On last Friday’s night trading, SHFE 1611 lead started at RMB 15,440/mt and rallied to RMB 15,645/mt. But the contract later gave up some previous gains to RMB 15,480/mt before closing at RMB 15,465/mt.

On Monday, SHFE 1611 lead opened at RMB 15,475/mt and rose slightly to RMB 15,430-15,580/mt. The contract finally closed at RMB 15,510/mt, up RMB 125/mt or 0.81%. Trading volumes reduced 614 to 9,584 lots and positions decreased 1,082 to 23,154.

SHFE 1611 lead is predicted to range between the 5 and 10-day moving averages for the short term.

Monday was the last trading day for SHFE 1610 lead contract. SHFE 1610 lead started at RMB 15,635/mt on Monday and then dropped slightly before ending at RMB 15,560/mt, down RMB 75/mt or 0.48%. The settlement price was RMB 15,555/mt. Trading volumes declined 440 to 40 lots and positions fell 20 to 5,070.

SHFE lead
LME lead
lead prices
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data