[SMM lead Morning News] it is difficult to run continuously upstream in the range of Lun lead.

Published: Apr 30, 2020 08:30

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SMM, April 4-30:

Overnight, lun lead opened at $1648 / ton, Asia period, Lun lead pressure above the 10-day moving average, and around the daily average shock, into the European period, the outer plate of non-ferrous metals as a whole weakened, lun lead also fell to $1638 / ton, but the bottom 5-day moving average has a strong support, push up to $1647 / ton hovering, and finally reported at $1649 / ton, up $6 / ton, up 0.37%. Lun lead returned to the low level, but the upward force was limited, and only fluctuated in the range formed by the 5-day and 10-day moving average. due to the uniform distribution of the upper averages, the continuous strength of Lun lead formed a great pressure.

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