SHFE Lead Prices down by RMB 320/mt (Aug. 24, 2015)

SHANGHAI, Aug. 24 (SMM) – SHFE 1510 lead moved in a tight range between RMB 13,175-13,265/mt after opening last Friday evening session at RMB 13,210/mt, to close RMB 130/mt lower at RMB 13,240/mt, off 0.97%. Trading volumes dropped 5,442 to 1,198 lots while positions rose 114 to 17,678.

SHFE lead dived to RMB 13,035/mt after starting at RMB 13,100/mt for day trading Monday. Then, the contract rallied slightly to RMB 13,150-13,180/mt and closed the day at RMB 13,050/mt, down RMB 320/mt. Trading volumes totaled 6,948 lots and positions increased 178 to 17,742.