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SHFE Lead Closes Up RMB 50/mt at RMB 12,515/mt (Feb. 3, 2015)

Release time:2015-02-04

Feb 03, 2015 09:15 GMT   Source:SMM

 

 

SHANGHAI, Feb. 3 (SMM) – Lead for April delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 12,485/mt and then hovered at RMB 12,450-12,500/mt before ending down RMB 25/mt at RMB 12,440/mt in Monday’s night session. Trading volumes for the SHFE 1504 lead contract totaled only 884 lots.

On Tuesday, SHFE lead initially rose above RMB 12,500/mt and finished up RMB 50/mt at RMB 12,515/mt. Trading volumes for the most active contract amounted to 3,666 lots, while positions gained by 1,034.
 

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