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SHFE Lead Edges Down RMB 65/mt (Jan. 26, 2015)

Release time:2015-01-27

Jan 26, 2015 09:00 GMT   Source:SMM

 

 

SHANGHAI, Jan. 26 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, closed down RMB 130/mt at RMB 12,395/mt in last Friday’s night session.

On Monday, SHFE lead dipped to as low as RMB 12,355/mt, dampened by a tumble in SHFE and LME copper , but later rebounded to end down RMB 65/mt, or 0.52% at RMB 12,460/mt. Trading volumes for the SHFE 1503 lead contract shrank 454 lots to 8,034 lots, while positions shed 652 to 16,038.
 

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