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SHFE Lead Closes Down RMB 475/mt at RMB 11,770/mt (Jan. 14, 2015)

Release time:2015-01-15

Jan 14, 2015 09:09 GMT   Source:SMM

 

 

SHANGHAI, Jan. 14 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, initially tumbled to RMB 12,000/mt in Tuesday’s night session, but later recouped some losses to end at RMB 12,100/mt.

The most active SHFE 1503 lead contract fell further to close down RMB 475/mt, or 3.88% at an intraday low of RMB 11,770/mt on Wednesday. Trading volumes surged 15,704 lots to 27,796 lots, while positions added 1,870 to 27,450 lots.

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