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.



