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SHFE Lead Closes Up RMB 15/mt at RMB 12,515/mt (Jan. 29, 2015)

Release time:2015-01-30

Jan 29, 2015 09:46 GMT   Source:SMM

 

 

SHANGHAI, Jan. 29 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 12,555/mt and then rallied to RMB 12,595/mt in Wednesday’s night session. The price of the SHFE 1503 lead contract hovered at RMB 12,520-12,560/mt afterwards and ended at RMB 12,540/mt.

On Thursday, SHFE lead initially fell to RMB 12,505/mt, but then rebounded to RMB 12,520-12,560/mt before ending up RMB 15/mt, or 0.12% at RMB 12,515/mt. Trading volumes shrank 1,076 lots to 3,230 lots, while positions shed 484 to 12,860. 
 

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