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On Tuesday, SHFE lead rose to as high as RMB 14,590/mt during the afternoon trading session, breaking above the 5-day and 10-day moving averages, and ended up RMB 15/mt, or 0.1%, at RMB 14,590/mt. Trading volumes added 1,220 lots to 8,704 lots, and positions shed 932 lots to 27,180 lots. The price of the soft metal has found solid support at the 40-day moving average.
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