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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Feb. 27 (SMM) – On Monday, SHFE 1704 lead opened at RMB 18,950/mt and then dropped to RMB 18,480/mt. The contract closed at RMB 18,545/mt, down RMB 115/mt or 0.62%. Trading volumes increased 13,158 to 44,458 lots and positions rose 12 to 38,712. SHFE 1704 lead was weighed by the 5, 10, 20 and 60-day moving averages on Monday and declined below the 40-day moving average at the tail of trading.
SHFE 1704 lead will fluctuate at current price for the foreseeable future.
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