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SHFE Lead Closes up RMB 10/mt at RMB 13,425/mt (Dec. 4, 2014)

Release time:2014-12-05

Dec 04, 2014 10:05 GMT   Source:SMM

 

 

SHANGHAI, Dec. 4 (SMM) – Lead for January delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 13,345/mt in Wednesday’s night session and then moved at RMB 13,360-13,390/mt. The price of the SHFE 1501 lead contract finished down RMB 20/mt at RMB 13,395/mt.

On Thursday, SHFE lead hovered largely between RMB 13,400-13,450/mt and closed up RMB 10/mt at RMB 13,425/mt. Trading volumes totaled 1,254 lots, while positions shed 342 lots to 11,014 lots.