SHANGHAI, Aug. 3 (SMM) – On Thursday, SHFE 1709 lead opened at RMB 18,555/mt and then advanced to RMB 18,780/mt. Later, the contract dropped with longs taking profits and closed at RMB 18,425/mt, down RMB 15/mt or 0.08%. Trading volumes increased 11,352 to 63,154 lots and positions reduced 132 to 46,952.
SHFE 1709 lead will fluctuate at current level in a short term.
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