SHANGHAI, Jun. 16 (SMM) – SHFE 1508 lead started Monday evening at RMB 12,720/mt and ended down RMB 95/mt at RMB 12,760/mt with the session low of RMB 12,650/mt.
The contract reached RMB 12,795/mt after opening Tuesday trading session and moved narrowly in the range of 12,770-12,790/mt. In the afternoon, the metal dipped to RMB 13,720/mt on sell-offs, to finish the day at RMB 12,750/mt, losing RMB 105/mt. Total trading volumes were 10,040 lots, the secondary large volumes, and growth in positions hit a high of 2,286 since May, 2015.