SHANGHAI, Feb. 21 (SMM) – On Tuesday, SHFE 1704 lead opened at RMB 19,195/mt and then stabilized at around RMB 19,230/mt. Later, the contract declined to RMB 19,100/mt and ended at RMB 19,150/mt, up RMB 360/mt or 1.92%. Trading volumes increased 13,894 to 39,954 lots and positions rose 3,426 to 32,372.
SHFE 1704 lead will advance further or remain range-bound trading in a short term.



