SHANGHAI, Jun. 5 (SMM) – SHFE 1508 lead opened at RMB 13,205/mt Thursday evening and ended down RMB 5/mt at RMB 13,145/mt.
The contract kept fluctuating Friday and finished the day at RMB 13,100/mt, down RMB 50/mt or 0.38%. Trading volumes fell 1,006 to 2,768 lots while positions rose 388 to 11,250.
SHFE 1508 lead should test support at the 60-day moving average tonight.