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SHFE Lead Prices Up 1.95% (2017-6-5)
Jun 5, 2017 17:08SHFE 1707 lead opened at RMB 16,110/mt and closed RMB 315/mt or 1.95% higher at RMB 16,500/mt.
SHANGHAI, Jun. 5 (SMM) – On Monday, SHFE 1707 lead opened at RMB 16,110/mt and then climbed to RMB 16,630/mt quickly. The contract later fell back to RMB 16,330/mt with longs taking profits and rallied thanks to leaving of shorts. SHFE 1707 lead closed RMB 315/mt or 1.95% higher at RMB 16,500/mt. Trading volumes rose 17,042 to 81,638 lots and positions increased 846 to 44,030. SHFE 1707 lead challenged resistance at the 60-day moving average but failed.
The contract will remain in upward track for a short term.
SHFE lead
LME lead
lead prices
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Related news
SHFE Lead to Move Lower (2017-7-20)
LME lead will trade at USD 2,200-2,230/mt on Thursday, and SHFE 1708 lead will drop marginally to RMB 17,200-17,450/mt.
Jul 20, 2017 09:24
SHFE Lead Prices down 1.38% (2017-3-3)
SHFE 1704 lead opened at RMB 18,530/mt and ended at RMB 18,570/mt, down RMB 260/mt or 1.38%.
Mar 3, 2017 18:40
SHFE Lead Ends with Losses (2017-2-22)
SHFE 1704 lead started at RMB 18,920/mt and closed at RMB 18,825/mt, down 315/mt or 1.65%.
Feb 22, 2017 16:15
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