[brief comment on lead in SMM period] the high level of lead in Shanghai will fall back at night or continue the weak market.

SMM July 22 News:

Within a day, the Shanghai lead 1909 contract opened at 16470 yuan / ton, at the beginning of the day, the Shanghai lead impact was weak, followed by a narrow concussion along the 16505 yuan / ton line. In the afternoon, the non-ferrous metals weakened as a whole, and the Shanghai lead also could not escape the downward trend. The center of gravity accelerated to move down, once lower to 16355 yuan / ton, and finally closed at 16430 yuan / ton, down 175 yuan / ton, down 1.05%, and the position was reduced by 4696 hands to 61176 hands. Shanghai lead closed Dayin line, high fall, mostly caused by bulls profit from the place, and the outer market lead trend is weak, lead Shanghai lead strong power greatly weakened, but considering that Shanghai lead medium-and short-term moving average is still upward trend, night Shanghai lead or continue weak market.

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