[SMM lead Morning News] Lun lead low shock closed up 0.39% overnight

Published: Apr 21, 2020 09:24

SMM, April 4-21:

Overnight, lun lead opened at $1675 / tonne. In the Asian session, the lead in Shanghai weakened after a narrow shock at the beginning of the day, with a low of $1665 / tonne. Entering the European session, lun lead rebounded to a low level and recovered its decline, and reached a high of $1696.5 / tonne, which was finally reported at $1683.5 / tonne, an increase of 0.39 per cent. Lun lead closed at the Xiao Yang line, but still did not change the overall weakening trend, the short-term overseas market is still expected to be mainly shock weakening.

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