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[SMM lead Morning News] the lead shock in Shanghai rebounded and continued the upward trend in the short term.
Jul 22,2020 08:56CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 22:

Overnight, Lun lead opened at 1829 US dollars / ton. In Asian time, Lun lead's low position fluctuated upward, entering the European period, Lun lead inertia shot up to 1851.5 US dollars / ton. After that, Lun lead lost momentum, and then basically continued the shock trend. It finally closed at 1841.5 US dollars / ton, an increase of 0.68 per cent. Lun lead low closed at two consecutive positive, gradually stopped falling and stabilized, and the overall trend remained upward. Overnight, Shanghai lead opened at 15015 yuan / ton. At the beginning of the session, Shanghai lead rose rapidly, raising the operating center of gravity, reaching a high of 15105 yuan / ton, and then basically continued the shock trend, finally reported at 15080 yuan / ton, an increase of 0.03%. The low shock of lead in Shanghai rebounded, showing a trend to stop falling and stabilize, and the upward trend is expected to continue in the short term.

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