Home / Metal News / [brief Review of lead in SMM period] lead in Shanghai falls back to the pre-festival level at night or continues to be weak

[brief Review of lead in SMM period] lead in Shanghai falls back to the pre-festival level at night or continues to be weak

iconOct 9, 2019 17:09
Source:SMM

SMM, 9 October:

Within the day, the Shanghai lead main force 1911 contract short opened at 17040 yuan / ton, short continued entry to suppress the lead price, Shanghai lead under pressure in the daily moving average, opened the shock leakage market, and recorded a daily low of 16905 yuan / ton, finally closed at 16915 yuan / ton, down 1911 yuan / ton, down 1.69%, position reduced 3308 hands to 52690 hands. Shanghai lead closed in the big negative line, fell back to the pre-festival consolidation platform near, medium-and short-term moving average trend leveled, and entered the European period, the outer plate lead trend is weak, to a certain extent, affect the Shanghai lead night market, Shanghai lead at night or continue to be weak, and test the lower 60-day moving average support.

(Guo Rong, Shanghai Colored Network Tel: 021-51666879)

 

Lead; lead brief Review
Evening News

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