SHANGHAI, Feb. 9 (SMM) – On Thursday, SHFE 1703 lead opened at RMB 19,275/mt and then dropped to RMB 19,210/mt. The contract finally closed at RMB 19,245/mt, up RMB 165/mt or 0.86%. Trading volumes dropped 11,796 to 66,112 lots and positions increased 212 to 42,292.
SHFE 1703 lead will fluctuate at around RMB 19,000/mt for the short term with support from the moving averages.



