SMM July 30th Shanghai lead market KuaiBao: lead breaks through the pressure level while spot trading is depressed

Published: Jul 30, 2020 12:06

SMM July 30th: Shanghai market South lead 15780 yuan / ton, 50 yuan / ton for Shanghai lead 2008 contract; Jiangsu and Zhejiang market, South lead 15780-15800 yuan / ton, 50-70 yuan / ton for Shanghai lead 2008 contract. Lead futures continued strong momentum, the holder price delivery, quotation flat to maintain stability, while the downstream fear of high wait-and-see, less inquiry, bulk market transaction activity decreased significantly.

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