[SMM lead Morning News] the high shock of lead prices fell back and closed down 1.53% overnight.

Published: Jul 16, 2020 08:58 (GMT+8)

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SMM, July 16th:

Overnight, Lun lead opened at 1850 US dollars / ton. In Asian time, Lun lead fluctuated in a narrow range, with a center of gravity around 1850 US dollars. Entering the European period, Lun lead concussion declined, then rebounded low, reached a high level of 1872.5 US dollars / ton, and then gave up its rise. It finally reported at 1853.5 US dollars / ton. Lun lead as a whole maintained a high shock trend and paid attention to overseas macro events in the short term.

Overnight, Shanghai lead opened at 15390 yuan / ton. At the beginning of the session, Shanghai lead concussion fell, reaching 15055 yuan / ton, and then stopped falling steadily, basically operating in a narrow range of 15120 yuan / ton, and finally reported at 15110 yuan / ton, down 1.53%. Shanghai lead high decline upward trend slowed, the future focus on the support near the 10th line.

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