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SHFE Lead Prices down 2.85% (2017-3-27)
Mar 27, 2017 19:22Source:SMM
SHFE 1705 lead opened at RMB 18,075/mt and closed at RMB 17,730/mt, down RMB 520/mt or 2.85%.
SHANGHAI, Mar. 27 (SMM) – On Monday, SHFE 1705 lead opened at RMB 18,075/mt and then declined with falling LME lead. The contract stabilized at RMB 17,900/mt after falling below RMB 18,000/mt and declined further at the tail of trading, down as low as RMB 17,690/mt. SHFE 1705 lead closed at RMB 17,730/mt, down RMB 520/mt or 2.85%. Positions were down 4,092 to 79,576 lots and positions were up 480 to 48,246.
SHFE 1705 lead will test the previous lowest level at RMB 17,660/mt in a short term.
SHFE lead
LME lead
lead prices
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