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[SMM lead Morning News] nocturnal Trading opened higher in Shanghai lead shock
May 7,2020 08:57CST
The content below was translated by Tencent automatically for reference.

SMM, 5th 7:

Overnight, lun lead opened at 1636 US dollars / ton. In Asia, Lun lead rose rapidly at the beginning of the session, reaching a high of 1651.5 US dollars / ton at one point. In the afternoon, Lun lead dived down, giving up its gains and entering the European period. Lun lead continued to fluctuate the market. Around the stage, Lun lead dived slightly, finally reported at 1637 US dollars / ton, down 0.27 per cent. Lun lead continued low shock, the overall trend is not a clear direction, short-term strong pressure.

Overnight, Shanghai lead opened at 13820 yuan / ton. At the beginning of trading, Shanghai lead rose rapidly, reaching 13910 yuan / ton, then gave up the increase, and began to continue the horizontal volatility, and finally reported at 13875 yuan / ton, an increase of 0.29%. Shanghai lead continues high shock, short-term test 14000 pressure support, the market is currently bearish point of view is more consistent, still need to be careful to empty sha empty

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