Home / Metal News / [SMM lead Morning News] lead low in Shanghai rebounded and closed down 0.22% overnight.

[SMM lead Morning News] lead low in Shanghai rebounded and closed down 0.22% overnight.

iconMay 15, 2020 09:23

SMM, May 15th:

Overnight, lun lead opened at $1601.5 / ton, Asia time, Lun lead narrow shock, the center of gravity around $1600, entered the European period, Lun lead probe low rebounded, high to $1624.5 / ton, finally reported at $1619 / ton, up 1.38%. Lun lead low stabilized, short-term expected to shock market-based.

Overnight, Shanghai lead opened at 13800 yuan / ton, Shanghai lead fell to 13730 yuan / ton at the beginning of the day, then rebounded to recover the decline, and finally reported 13830 yuan / ton, down 0.22%. Shanghai lead temporarily stabilized after pulling back to this position, but as the stock began to accumulate this week, the overall price trend is expected to be weak.

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