SHFE Lead Closes with Big Gains (2017-8-17)-Shanghai Metals Market

Hot Keywords

  • Nickel market
  • Silicon
  • Market commentary
  • zinc
  • Copper
  • Aluminium
  • Inventory data
  • Nickel
  • Zinc
  • Production data
  • Morning comments
  • MMi Iron Ore Port Index
  • Customs data
  • Silicon metal
  • Nickel pig iron

SHFE Lead Closes with Big Gains (2017-8-17)

Price Review & Forecast 05:46:59PM Aug 17, 2017 Source:SMM

SHANGHAI, Aug. 17 (SMM) – On Thursday, SHFE 1710 lead opened at RMB 19,580/mt and then fluctuated at RMB 20,115-20,300/mt. Later, the contract advanced to RMB 20,535 sharply with longs entering. During the afternoon trading, SHFE 1710 lead fell back to RMB 20,260/mt as longs took profits, and closed at RMB 20,365/mt, up RMB 925/mt or 4.76%. Trading volumes increased 74,320 to 140,000 lots and positions were up 7,548 to 44,950.

Ignition Battery Price Expands Further as Surging Lead Price Widens Costs, SMM Reports

SHFE 1710 lead will grow further on Thursday’s nigh trading.

Key Words:  SHFE lead  LME lead  lead prices 

SHFE Lead Closes with Big Gains (2017-8-17)

Price Review & Forecast 05:46:59PM Aug 17, 2017 Source:SMM

SHANGHAI, Aug. 17 (SMM) – On Thursday, SHFE 1710 lead opened at RMB 19,580/mt and then fluctuated at RMB 20,115-20,300/mt. Later, the contract advanced to RMB 20,535 sharply with longs entering. During the afternoon trading, SHFE 1710 lead fell back to RMB 20,260/mt as longs took profits, and closed at RMB 20,365/mt, up RMB 925/mt or 4.76%. Trading volumes increased 74,320 to 140,000 lots and positions were up 7,548 to 44,950.

Ignition Battery Price Expands Further as Surging Lead Price Widens Costs, SMM Reports

SHFE 1710 lead will grow further on Thursday’s nigh trading.

Key Words:  SHFE lead  LME lead  lead prices