SHFE Lead Price down 1.59% (2017-7-14)

Published: Jul 14, 2017 20:26
SHFE 1708 lead opened at RMB 17,590/mt and ended at RMB 17,600/mt, down RMB 285/mt or 1.59%.

SHANGHAIM, Jul. 14 (SMM) – On Friday, SHFE 1708 lead opened at RMB 17,590/mt and then dipped to RMB 17,470/mt. Later, the contract rallied slightly with shorts taking profits, up to as high as RMB 17,610/mt. SHFE 1708 lead ended at RMB 17,600/mt, down RMB 285/mt or 1.59%. Trading volumes rose 13,910 to 46,050 lots and positions reduced 1,546 to 37,408.

SHFE 1708 lead will drop slightly in a short term.

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