[brief Review of lead in SMM period] the negative line in the closing of Shanghai lead returns the negative line back to the next day positive line.

SMM, 13 May:

Within the day, the Shanghai lead main force 2006 contract opened at 13990 yuan / ton, at the beginning of the day, the profit left the market, Shanghai lead slightly weakened, the center of gravity dropped, and then Shanghai lead basically around 13900 yuan / ton front line operation, finally closed at 13885 yuan / ton, position reduced 1156 hands to 24927 hands, down 295 yuan / ton, down 2.08%. Shanghai lead closed in the negative line, anti-phagocytosis every other day Zhongyang line, and fell back to the previous shock interval, and the trend of each EMA slowed down, because near the delivery day, superimposed lead ingot low inventory background, Shanghai lead is difficult to fall below the lower limit of the shock interval in the near future, and the space for weakness is limited.

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