[brief comment on lead in SMM] bulls continue to increase lead in Shanghai at night or mainly by interval concussion

SMM, June 25 / PRNewswire-Asianet /-

During the day, the Shanghai lead 1908 contract opened at 16205 yuan / ton, Shanghai lead continued overnight concussion market, running around the daily average, finally reported at 16235 yuan / ton, up 200 yuan / ton, up 125%, and the position increased 1962 hands to 50874 hands. Shanghai lead closed Xiaoyang line, continuing the upward market, but the upper 60-day moving average is strong, if there is no sudden news stimulation, it is difficult for Shanghai lead to break through the suppression platform in the near future, considering that the medium-and short-term moving average still maintains the upward trend, it is expected that Shanghai lead will run in the range formed by the average of 60 and 10 days at night.

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