Home / Metal News / Lead / SHFE Lead Finishes with Small Gains (2017-7-21)
SHFE Lead Finishes with Small Gains (2017-7-21)
Jul 21,2017 19:34CST
SMM Comments
Source:SMM
SHFE 1708 lead opened at RMB 17,365/mt and ended at RMB 17,460/mt, up RMB 90/mt or 0.52%.

SHANGHAIM, Jul. 21 (SMM) – On Friday, SHFE 1708 lead opened at RMB 17,365/mt and then climbed to RMB 17,465/mt thanks to leaving of shorts. Later, the contract swung widely between RMB 17,350-17,400/mt. SHFE 1708 lead increased again at the tail of trading as longs strengthened before ending at RMB 17,460/mt, up RMB 90/mt or 0.52%. Trading volumes reduced 2,506 to 40,034 lots and positions decreased 3,108 to 23,756. SHFE 1708 lead rallied from lows on Friday.

The contract will fluctuate at current level in a short term with strong resistance.

SHFE lead
LME lead
lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news