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[brief comment on lead in SMM] Shanghai lead stops falling steadily at night or hovers at the six thousand integer mark
Jun 13,2019 16:40CST
translation
Source:SMM
Shanghai lead report closed the upper film Xiaoyang line, stopped falling and stabilized, along the middle track of Bolin Road, the medium-and short-term EMA trend flattened, and the lower 10,000 integer gate is still supported, it is expected that Shanghai lead may wander around Wanliu at night.
The content below was translated by Tencent automatically for reference.

SMM, June 13 / PRNewswire-Asianet /-

Within a day, Shanghai lead main 1907 contract opened at 16115 yuan / ton, early in the day, some short profits left the market, Shanghai lead slightly rose to 16170 yuan / ton, after the renewable refined lead discount continued to expand, some bulls panic left the market, Shanghai lead recorded an intraday low of 16025 yuan / ton, near the close, the overall strength of non-ferrous metals, Shanghai lead also recovered slightly, finally closed at 16065 yuan / ton, down 75 yuan / ton, down 0.46%, the position decreased 2224 hands to 43966 hands. Shanghai lead report closed the upper film Xiaoyang line, stopped falling and stabilized, along the middle track of Bolin Road, the medium-and short-term EMA trend flattened, and the lower 10,000 integer gate is still supported, it is expected that Shanghai lead may wander around Wanliu at night.

(Guo Rong of Shanghai Color Network Tel: 021 51666879)

 

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