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SHFE Lead Closes Down RMB 100/mt (Jan. 23, 2015)

Release time:2015-01-26

Jan 23, 2015 09:51 GMT   Source:SMM

 

 

SHANGHAI, Jan. 23 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract fell to RMB 12,550/mt after opening at RMB 12,630/mt and finished down RMB 75/mt at RMB 12,525/mt in Thursday’s night session.

On Friday, SHFE lead dipped to RMB 12,410/mt at one point, but later rebounded to close down RMB 100/mt, or 0.79% at RMB 12,500/mt. Trading volumes for the most active contract shed 710 lots to 8,488 lots, while positions shrank 526 to 16,690.
 


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