SHANGHAI, Aug. 16 (SMM) – SHFE 1708 lead opened at RMB 19,325/mt and reached RMB 19,510/mt. With entry of shorts, SHFE 1710 lead dropped and fluctuated between RMB 19,350-19,490/mt, and closed at RMB 19,440/mt, up RMB 225/mt or 1.17%. Positions increased 4,772 to 37,402, and trading volumes added 18,598 to 56,094 lots. SHFE 1709 tin will remain strong this evening.
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