SHFE 1705 Lead Closes Lower (2017-3-15)

SHANGHAI, Mar. 15 (SMM) – SHFE 1705 lead opened at RMB 17,960/mt today, and then stabilized RMB 18,100/mt. In the afternoon, SHFE 1705 lead fell to RMB 17,940/mt and closed at RMB 18,055/mt, down RMB 70/mt or 0.39%.

Trading volumes on SHFE 1705 lead increased 20,054 to 64,710, and positions increased 936 to 30,202. SHFE 1703 lead closed at RMB 17,850/mt, with settlement price of RMB 17,865/mt.  Trading volumes decreased 200 to 790, and positions fell 400 to 9,050.