SHFE Lead Closes with Losses (2016-12-13)

Published: Dec 13, 2016 17:08

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SFHE 1702 lead opened at RMB 20,690/mt and finally ended at RMB 20,545/mt, down RMB 55/mt or 0.27%.

SHANGHAI, Dec. 13 (SMM) – On Tuesday, SFHE 1702 lead opened at RMB 20,690/mt and then climbed to RMB 20,820/mt. During the afternoon trading, SHFE 1702 lead dropped to RMB 20,300/mt and finally ended at RMB 20,545/mt, down RMB 55/mt or 0.27%. Trading volumes rose 2,592 to 82,576 lots and positions increased 2,992 to 45,014. China’s industrial added value increased 6.2% YoY in November, up 0.2 percentage point from October’s level, which was higher than expectation at 6.1%. Base metals thus increased briefly in China’s market and later gave up previous gains.

SHFE 1702 lead will keep fluctuating at current price for the foreseeable future.

SHFE lead LME lead lead prices

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