SHFE Lead Price Up 1.28% (2017-6-27)-Shanghai Metals Market

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SHFE Lead Price Up 1.28% (2017-6-27)

Price Review & Forecast 05:31:08PM Jun 27, 2017 Source:SMM

SHANGHAIM, Jun. 27 (SMM) – On Tuesday, SHFE 1708 lead, becoming the most actively traded one, opened at RMB 17,200/mt and then fluctuated at RMB 17,135-17,270/mt. The contract surged to RMB 17,440/mt due to rising Chinese yuan and closed at RMB 17,405/mt, up RMB 220/mt or 1.28%. Trading volumes reduced 1,626 to 55,670 lots and positions rose 1,664 to 40,682.

SHFE 1707 lead will keep fluctuating narrowly in a short term.

Key Words:  SHFE lead  LME lead  lead prices 

SHFE Lead Price Up 1.28% (2017-6-27)

Price Review & Forecast 05:31:08PM Jun 27, 2017 Source:SMM

SHANGHAIM, Jun. 27 (SMM) – On Tuesday, SHFE 1708 lead, becoming the most actively traded one, opened at RMB 17,200/mt and then fluctuated at RMB 17,135-17,270/mt. The contract surged to RMB 17,440/mt due to rising Chinese yuan and closed at RMB 17,405/mt, up RMB 220/mt or 1.28%. Trading volumes reduced 1,626 to 55,670 lots and positions rose 1,664 to 40,682.

SHFE 1707 lead will keep fluctuating narrowly in a short term.

Key Words:  SHFE lead  LME lead  lead prices