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SHFE Lead Prices Up 0.3% (2017-1-24)
Jan 24, 2017 19:42Source:SMM
SHFE 1703 lead opened at RMB 18,705/mt and closed at RMB 18,580/mt, up RMB 55/mt or 0.3%.
SHANGHAI, Jan. 24 (SMM) – On Tuesday, SHFE 1703 lead opened at RMB 18,705/mt and then fluctuated narrowly at around RMB 18,650/mt. During the afternoon trading, SHFE 1703 lead dived to RMB 18,350/mt briefly and regained some previous lost ground at the tail of trading. SFHE 1703 lead closed at RMB 18,580/mt, up RMB 55/mt or 0.3%. Trading volumes fell 23,022 to 70,230 lots and positions rose 382 to 36,010. With nearing of 2017 Chinese New Year holiday, there were no trading and offers heard in China’s spot market.
SHFE 1703 lead will keep fluctuating below the 60-day moving average with lack of rising strength for the foreseeable future.
SHFE lead
LME lead
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