SHANGHAI, Jun. 2 (SMM) – SHFE 1508 lead started at RMB 12,840/mt during Wednesday evening session and moved between RMB 12,800-12,900/mt, to finally close up RMB 190/mt at RMB12,850/mt.
Market players turned more optimistic Thursday and metals prices grew across the board. The August-delivery lead on the SHFE closed Thursday trading session at RMB 13,100/mt, up RMB 440/mt or 3.48%.
