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SHFE Lead Price Finishes with Losses (2017-8-1)

Published: Aug 1, 2017 18:29
SHFE 1709 lead opened at RMB 18,355/mt and ended at RMB 18,185/mt, down RMB 215/mt or 1.17%.

SHANGHAI, Aug. 1 (SMM) – On Tuesday, SHFE 1709 lead opened at RMB 18,355/mt and then dipped to RMB 18,165/mt. The contract later fluctuated between RMB 18,180-18,280/mt and ended at RMB 18,185/mt, down RMB 215/mt or 1.17%. Trading volumes reduced 35,534 to 39,984 lots and positions fell 2,754 to 46,258.

SHFE 1709 lead will keep hovering at highs in a short term.

SHFE leadLME leadlead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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SHFE Lead Price Finishes with Losses (2017-8-1) - Shanghai Metals Market (SMM)