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SHFE Lead Jumps 3.49% (2017-8-9)
Aug 9, 2017 17:32Source:SMM
SHFE 1709 lead opened at RMB 19,010/mt and closed at RMB 19,700/mt, up RMB 665/mt or 3.49%.
SHANGHAI, Aug. 9 (SMM) – On Wednesday, SHFE 1709 lead opened at RMB 19,010/mt and then dropped to RMB 19,335/mt. Later, the contract advanced to RMB 20,200/mt briefly and fell back slightly at the tail of trading with longs taking profits. SHFE 1709 lead closed at RMB 19,700/mt, up RMB 665/mt or 3.49%. Trading volumes increased 17,408 to 67,198 lots and positions reduced 3,582 to 37,578.
SMM Survey: Supply Shortage Allows Lead Price to Rise Further
SHFE 1709 lead, hitting a 6-month high, will challenge RMB 19,800/mt on Wednesday’s night trading.
Battery Producers Restrict Purchases or Stop Receiving Orders amid Sharp Rise in Cost, SMM Reports
SHFE lead
LME lead
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Aug 24, 2017 14:07
LME Lead to Hover at Highs (2017-8-17)
LME lead will trade at USD 2,480-2,520/mt on Thursday and SHFE 1709 lead will fluctuate at RMB 20,000-20,400/mt.
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LME Lead to Hover at Highs (2017-8-16)
LME lead will trade at USD 2,320-2,355/mt on Wednesday and SHFE 1709 lead will fluctuate at RMB 19,200-19,400/mt.
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LME Lead to Remain Range-Bound (2017-8-11)
LME lead will trade at USD 2,350-2,390/mt on Friday and SHFE 1709 lead will fluctuate at RMB 19,000-19,350/mt.
Aug 11, 2017 09:23
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