[SMM lead Morning News] strong cumulative increase of 4.48% during Lunlead holiday

Published: Oct 8, 2019 08:30

SMM, 8 Oct:

Overnight, Lun lead opened at $2160 / ton, Asia period, Lun lead shock upward, the center of gravity steadily moved up, Europe period, Lun lead accelerated upward, high once rose to $2192 / ton, refreshed a year-old high, and then gradually fell back. During the holiday period, Lun lead trend is relatively strong, the technical side is still in the long arrangement upward trend, but after the return of lead trading in Shanghai, we can pay attention to whether it is sustainable or not.

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[SMM lead Morning News] strong cumulative increase of 4.48% during Lunlead holiday - Shanghai Metals Market (SMM)