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SHFE Lead Closes Up RMB 255/mt at RMB 12,480/mt (Dec. 19, 2014)

Release time:2014-12-20

Dec 19, 2014 10:01 GMT   Source:SMM

 

 

SHANGHAI, Dec. 19 (SMM) – Lead for February delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 12,000/mt in Thursday’s night session and closed down RMB 310/mt at RMB 11,915/mt.

SHFE lead prices finished up RMB 255/mt, or 2.09%, at RMB 12,480/mt on Friday. Trading volumes gained 41,986 lots to 55,204 lots, while positions shed 3,996 lots to 19,908 lots. Several large lead smelters in Henan announced to cut production on Thursday.
 

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