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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jul.23 (SMM) – SHFE 1510 lead opened at RMB 12,680/mt and dived to RMB 12,605/mt following slipping LME lead, to end at RMB 12,680/mt, reducing RMB 100/mt.
During Thursday trading session, SHFE lead lurched up and finally finished at RMB 12,815/mt, up RMB 35/mt. Trading volumes totaled 2,126 lots with positions up 560 to 15,378.
Market lacks upbeat news and thus the rally of SHFE lead should not continue. SHFE lead is expected to test RMB 12,600/mt in following days.
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