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SHFE Lead Finishes with Gains (2017-2-9)
Feb 9, 2017 18:10Source:SMM
SHFE 1703 lead opened at RMB 19,275/mt and finally closed at RMB 19,245/mt, up RMB 165/mt or 0.86%.
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.
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