[SMM lead Morning News] lead prices fluctuated in a narrow range and closed down 0.29% overnight.

SMM, July 15:

Overnight, Lun lead opened at 1885.5 US dollars / ton, early Lun lead concussion down, giving up yesterday's gains, into the European session, Lun lead remained weak shock, a low of 1843.5 US dollars / ton, and finally closed at 1851 US dollars / ton, down 1.78 per cent. Lun lead gained support near the 5-day moving average, with no change in the short-term upward trend, focusing on the pace of the epidemic and trade relations between China and the United States.

Overnight, Shanghai lead opened at 15415 yuan / ton. At the beginning of trading, Shanghai lead fell rapidly, reaching a low of 15310 yuan / ton, then stabilized, and then basically around the time-sharing line, finally reported at 15405 yuan / ton, a decline of 0.29%. Shanghai lead high narrow range shock for two days, but still did not change the high consolidation situation, short-term attention to the macro trend.

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