[SMM lead Morning News] Shanghai lead rises to more than ten thousand four and pays attention to whether it can make an effective breakthrough.

Published: May 19, 2020 08:56

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SMM, May 19th:

Overnight, Lun lead opened at 1606 US dollars / ton. In Asian time, Lun lead mainly fluctuated in a narrow range, but its center of gravity slowly moved upwards. In the European period, Lun lead followed other metals upward, reaching a high of 1672.5 US dollars / ton at one point and finally trading at 1662.5 US dollars / ton, an increase of 3.84 per cent. Lun lead low stop falling stable, but mostly to follow, their own fundamentals do not have a strong driving force up.

Overnight, Shanghai lead opened at 14005 yuan / ton. At the beginning of trading, Shanghai lead followed the upward trend, reaching a high of 14185 yuan / ton at one point, then falling back after shock, giving up the increase, and finally reported an increase of 1.22% at 14125 yuan / ton. Shanghai lead closed at 3 Lianyang, but there is still selling pressure near the high level, paying attention to whether the platform can effectively break through.

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