SHANGHAI, Aug. 18 (SMM) – On Friday, SHFE 1710 lead opened at RMB 19,715/mt and then fell to RMB 19,535/mt. The contract later rallied as longs strengthened and fell back at the tail of trading. SHFE 1710 lead closed at RMB 19,840/mt, down RMB 525/mt or 2.58%. Trading volumes increased 846 to 131,000 lots and positions rose 634 to 45,584.
SHFE 1710 lead will fluctuate at current level in a short term.