Home / Metal News / Lead / [SMM lead Morning News] the 10-day moving average of Shanghai lead supports the expected intraday high shock.
[SMM lead Morning News] the 10-day moving average of Shanghai lead supports the expected intraday high shock.
Jul 3,2020 09:23CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 3rd:

Overnight, Lun lead opened at US $1778.5 per tonne. During the Asian session, Lun lead was under pressure to operate below the daily moving average. During the European period, Lun lead rebounded to a high of US $1790 / ton at one point, then fell back to a high and gave up its rise. it finally closed at 1772.5 US dollars / tonne, down 0.2 per cent. Lun lead around the high shock, below the 20-day moving average there is support, short-term is expected to be mainly strong shock.

Overnight, Shanghai lead opened at 14770 yuan / ton. At the beginning of trading, Shanghai lead fell rapidly, reaching 14650 yuan / ton at one time, then basically running at 14700 yuan / ton, and finally reported at 14730 yuan / ton, a drop of 0.64%. There is support for the 10-day moving average in Shanghai lead technology, which is expected to be dominated by high-level shocks.

Click to sign up for SMM 2020 (15th) lead and Zinc Summit

Scan the QR code in the picture to sign up for the lead-zinc summit and fill in the personal information on the last page. The meeting staff will contact you later!

Transactions in Shanghai stock market
lead price
morning news
import and export

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