SHFE Lead Finishes with Small Gains (2017-8-14)

Published: Aug 14, 2017 17:38
SHFE 1709 lead opened lower at RMB 18,980/mt and ended at RMB 19,050/mt, up RMB 40/mt or 0.21%.

SHANGHAI, Aug. 14 (SMM) – On Monday, SHFE 1709 lead opened lower at RMB 18,980/mt and then fluctuated at RMB 18,950-19,025/mt. Later, the contract advanced to RMB 19,140/mt with entering of longs and ended at RMB 19,050/mt, up RMB 40/mt or 0.21%. Trading volumes fell 17,584 to 39,346 lots and positions dropped 1,506 to 30,156.

Watch Out for Decline in Lead Prices This Week, SMM Warns

SHFE 1709 lead will keep fluctuating at current level in a short term.

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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