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Published: Jul 23, 2024 18:50
[SMM Analysis: Shanghai Lead Price Fell through Resistance with Increasing Positions, Where to Find Support Conditions] SMM News on July 23: As of the close of trading at 15:00 pm on July 23, the 2408 contract of Shanghai lead closed at 19,575 yuan per ton, down 0.84%; the 2409 contract of Shanghai lead closed at 19,055 yuan per ton, down 1.19%, with a price difference of up to 520 yuan per ton between the two. Meanwhile, it is worth noting that the total weighted positions of Shanghai lead reached 222,300 lots...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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