Home / Metals / SHFE 1505 Lead Edges up RMB 20/mt Helped by Weaker US Dollar (Mar. 19, 2015)
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SHFE 1505 Lead Edges up RMB 20/mt Helped by Weaker US Dollar (Mar. 19, 2015)

The most active SHFE lead contract prices started at RMB 12,065/mt for Wednesday’s night session and touched a low of RMB 11,995/mt to end the session at RMB 12,035/mt, down RMB 95/mt.

During the daytime trading Thursday, the May-delivery lead drifted higher as the US dollar index fell, and moved at RMB 12,110-12,150/mt before closing at RMB 12,150/mt, up RMB 20/mt. Trading volumes were 4,312 lots, and positions increased 6 to 15,688.

Zhejiang Yaang Pipe Industry Co., Limited (www.yaang.com)

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