SHFE Lead Registers 1.15% Growth (2017-6-8)-Shanghai Metals Market

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SHFE Lead Registers 1.15% Growth (2017-6-8)

Price Review & Forecast 05:10:52PM Jun 08, 2017 Source:SMM

SHANGHAI, Jun. 8 (SMM) – On Thursday, SHFE 1707 lead opened at RMB 16,495/mt and then fell back to RMB 16,370/mt briefly. Later, the contract surged quickly to RMB 16,750/mt with positions opening by longs and ended at RMB 16,670/mt, up RMB 190/mt or 1.15%. Trading volumes fell 22,040 to 64,474 lots and positions reduced 1,116 to 41,870.

SHFE 1707 lead will try to find more upward strength in a short term.

Key Words:  SHFE lead  LME lead  lead prices 

SHFE Lead Registers 1.15% Growth (2017-6-8)

Price Review & Forecast 05:10:52PM Jun 08, 2017 Source:SMM

SHANGHAI, Jun. 8 (SMM) – On Thursday, SHFE 1707 lead opened at RMB 16,495/mt and then fell back to RMB 16,370/mt briefly. Later, the contract surged quickly to RMB 16,750/mt with positions opening by longs and ended at RMB 16,670/mt, up RMB 190/mt or 1.15%. Trading volumes fell 22,040 to 64,474 lots and positions reduced 1,116 to 41,870.

SHFE 1707 lead will try to find more upward strength in a short term.

Key Words:  SHFE lead  LME lead  lead prices