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SHFE Lead Closes with Losses (2017-7-28)
Jul 28,2017 19:43
CSTprice review forecast
Source:SMM
SHFE 1709 lead opened at RMB 18,140/mt and ended at RMB 18,030/mt, down RMB 185/mt or 1.02%.
SHANGHAIM, Jul. 28 (SMM) – On Friday, SHFE 1709 lead opened at RMB 18,140/mt and then climbed to RMB 18,300/mt. Later, the contract slumped to RMB 17,965/mt and fluctuated at RMB 18,030-18,090/mt. SHFE 1709 lead ended at RMB 18,030/mt, down RMB 185/mt or 1.02%. Trading volumes reduced 5,940 to 84,370 lots and positions lowered 1,560 to 45,274.
SHFE 1709 lead will challenge RMB 18,300/mt in the coming week.
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