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SHANGHAI, Mar. 31 (SMM) – On Friday, SHFE 1705 lead opened at RMB 17,340/mt and then fluctuated at RMB 17,300-17,465/mt. The contract closed at RMB 17,400/mt, up RBM 20/mt or 0.12%. Trading volumes reduced 15,428 to 91,066 lots and positions fell 4,928 to 92,558. SHFE 1705 lead will decline for the foreseeable future and will move below all the moving averages.
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