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SHFE Lead Closes Up RMB 235/mt to RMB 12,500/mt (Jan. 19, 2015)

Release time:2015-01-20

Jan 19, 2015 09:51 GMT   Source:SMM

 

 

SHANGHAI, Jan. 19 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, rallied to RMB 12,485/mt after starting last Friday’s night session at RMB 12,170/mt and closed up RMB 175/mt at RMB 12,440/mt. During the night session, trading volumes for the SHFE 1503 lead contract totaled 7,470 lots, while positions shed 224 to 21,474.

On Monday, SHFE initially dipped to an intraday low of RMB 12,345/mt, but later rebounded afterwards to close up RMB 235/mt at RMB 12,500/mt. Trading volumes for the most active contract totaled 14,680 lots, while positions shed 1,074 to 20,624.
 

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