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Shanghai Lead Price Tumbles to Daily Limit, with Over 2% Drop in Aluminum and Zinc Prices

Release time:2014-12-19

Dec 18, 2014 08:14 GMT   Source:SMM

 

 

SHANGHAI, Dec. 18 (SMM) – In Shanghai Futures Exchange Market, prices of nonferrous metals mostly finished lower on Dec. 18. 

SHFE 1502 lead price, the worst performer among nonferrous metals, tumbled to the daily limit after trading less than 15 minutes, with transaction volumes up 3,206 lots. 

The price for zinc and aluminum  aluminum and zinc, both most actively-traded, fell 2.11% and 2.51%, respectively, as two markets accelerated the declines at the tail of trading. 

The copper on the SHFE market, however, closed up 0.09% the same day. 

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