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[SMM lead Morning News] Shanghai lead continued its strong trend and closed up 0.81 per cent overnight.
May 21,2020 10:26CST
translation
The content below was translated by Tencent automatically for reference.

SMM, May 21:

Overnight, Lun lead opened at US $1679 per tonne. During the Asian session, Lun lead moved around US $1675 with a narrow range of no more than US $10. In the European session, Lun lead rebounded, reaching a high of US $1703 / ton at one point, and then fell back slightly. It finally closed at 1694 US dollars / ton, an increase of 0507%. Lun lead closed at Sanlianyang, but it has not effectively broken through the high level of the platform, focusing on the pressure of high US $1730 in the short term.

Overnight, Shanghai lead opened at 14200 yuan / ton. At the beginning of trading, Shanghai lead fluctuated higher, reaching 14285 yuan / ton at one point, and then gave up the increase slightly to 14235 yuan / ton, an increase of 0.81%. Shanghai lead technology trend is good, small positive line long arrangement, concerned about whether it can effectively break through the previous high of 14340 yuan.

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