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EventsConsultingSHFE Lead Finishes with Losses (2017-8-24)
Aug 24,2017 18:14
CSTprice review forecast
Source:SMM
SHFE 1710 lead opened at RMB 19,500/mt and closed at RMB 19,415/mt, down RMB 155/mt or 0.79%.
SHANGHAI, Aug. 24 (SMM) – On Thursday, SHFE 1710 lead opened at RMB 19,500/mt and then advanced to RMB 19,590/mt, up to as high as RMB 19,630/mt. The contract dropped to RMB 19,370/mt after meeting resistance at RMB 19,600/mt and closed at RMB 19,415/mt, down RMB 155/mt or 0.79%. Trading volumes reduced 76,658 to 114,000 lots and positions were up 936 to 49,878
SHFE 1710 lead will keep fluctuating at current level on Thursday’s night trading.
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