SHANGHAI, May 30 (SMM) – SHFE 1607 lead contract started at RMB 12,840/mt for night session last Friday and moved higher to RMB 12,880/mt. The contract dived to RMB 12,785/mt before closing at RMB 12,835/mt.
SHFE 1607 lead opened at RMB 12,835/mt on Monday and ranged RMB 12,790-12,850/mt, to finish at RMB 12,850/mt, a gain of RMB 80/mt or 0.63%. Trading volumes were down 2,232 to 4,640 lots and positions were down 296 to 14,134.
SHFE 1607 lead may fluctuate around RMB 12,850/mt tonight.