SHANGHAI, Aug. 31 (SMM) – SHFE 1510 lead opened at RMB 13,520/mt for night trading last Friday and once dipped to RMB 13,330/mt, to close at RMB 13,445/mt, up RMB 5/mt.
LME market was closed on Monday and thus base metals posted large drops with exit of longs. SHFE 1510 lead dived to RMB 13,420/mt at one point but suffered sell-offs near session’s end, to close at RMB 13,345/mt, down RMB 95/mt. Trading volumes were about 4,302 lots and positions reduced 226 to 16,028.



