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SMM Lead Weekly Price Review and Forecast (Feb. 24-28, 2014)
2/24/2014

SMM Lead Weekly Price Review and Forecast (Feb. 24-28, 2014)

Feb 25, 2014 00:56 GMT   Source:SMM


SHANGHAI, Feb. 24 (SMM) – The SHFE 1404 lead contract became the most active SHFE lead contract last week after an increasing number of investors transferred positions due to the preferable price gap between SHFE 1403 lead contracts and SHFE 1404 lead contracts. SHFE lead prices fell as low as RMB 13,985/mt, but also rose as high as RMB 14,100/mt, stabilizing at RMB 14,000/mt.The most active SHFE 1404 lead contract price stabilized at RMB 14,00.....

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