SMM, July 10th:

Overnight, Lun lead opened at 1810 US dollars / ton. In the Asian session, Lunlun lead fluctuated upward at the beginning of the session, reaching a high of 1843 US dollars / ton. Entering the European period, Lun lead fluctuated in a narrow range, focusing on the first line of 1830 US dollars, and finally closed at 1830.5 US dollars / ton, an increase of 0.83 per cent. Lun lead continued its strong trend, standing firm at US $1800. With the increase in market risk appetite, Lun lead may continue to rise.

Overnight, Shanghai lead opened at 15135 yuan / ton. At the beginning of trading, Shanghai lead fell slightly, reaching a low of 15020 yuan / ton, then rebounded slightly, and then basically operated at 15080 yuan / ton, finally reported at 15075 yuan / ton. Shanghai lead has broken through the high level of the platform, has entered a new upward cycle, and is expected to continue to strengthen in the short term. (we need to be on guard against the trend of Sino-US trade.)

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