The most active SHFE 1401 lead prices (lead ore) started at RMB 14,120/mt on Friday and edged up, following rising base metals prices in morning trading hours. The prices reached a high of RMB 14,135/mt but later dipped to RMB 14,050/mt, subdued by slumping LME copper prices in afternoon trading session. SHFE lead finally ended at RMB 14,075/mt, down RMB 30/mt or 0.21%. Trading volumes shed 668 lots to 1,078 lots, while open interest gained 214 lots to 9,660 lots on Friday.
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