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SHFE Lead Closes Up RMB 185/mt at RMB 12,140/mt (Jan. 15, 2015)

Release time:2015-01-16

Jan 15, 2015 09:42 GMT   Source:SMM

 

 

SHANGHAI, Jan. 15 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, opened Wednesday’s night session at RMB 11,830/mt and surged to RMB 12,080/mt as shorts headed for the exit. The price of the SHFE 1503 lead contract finished up RMB 15/mt at RMB 11,970/mt. Trading volumes for the most active contract totaled 13,674 lots, while positions decreased 732 to 26,718 in the night session.

SHFE lead recouped all losses to close up RMB 185/mt at RMB 12,140/mt on Thursday. Trading volumes for the most active contract totaled 23,288 lots, while positions tumbled by 2,530.
 

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