Home / Metal News / Lead / [brief Review of lead in SMM period] Wan Si suppresses the two upstream sessions of Shanghai lead or boost macro mood
[brief Review of lead in SMM period] Wan Si suppresses the two upstream sessions of Shanghai lead or boost macro mood
May 18,2020 17:23CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, May 18:

Within a few days, the main 2006 contract of Shanghai lead opened at 13850 yuan / ton, and the two domestic conferences were about to be held. With the overall pull of non-ferrous metals, Shanghai lead homeopathy raised the center of gravity to around 13960 yuan / ton, and the upper pressure was 10,000 yuan / ton, and the bottom was supported by 13915 yuan / ton at the bottom. It finally closed at 13955 yuan / ton, up 120 yuan / ton, or 0.87%, and the position decreased by 2877 hands to 18465 hands. Shanghai lead report Xiaoyang line, maintained in the box operation, the top ten thousand four pass suppression is strong, at the same time, waste battery prices are easy to rise and difficult to fall, give Shanghai lead below the support, considering that on the eve of the domestic two sessions, market sentiment is relatively optimistic, it is not appropriate to be too bearish on lead prices this week.

(Shanghai Nonferrous net Guo Rong Tel: 021 Murong 51666879)

 

Lead; lead brief Review
Evening News

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news