SHANGHAI, Jun. 9 (SMM) – On Friday, SHFE 1707 lead started at RMB 16,650/mt and then climbed to RMB 16,850/mt with positions opening by longs. The contract registered intra-day lowest level at RMB 16,535/mt and ended at RMB 16,850/mt, up RMB 315/mt or 1.91%. Trading volumes rose 120 to 64,594 lots and positions fell 58 to 41,812.
SHFE 1707 lead will remain in upward track on Friday’s night trading.