[brief Review of SMM lead] Shanghai lead continuous consolidation short entry

SMM, 17 April:

Within the day, the Shanghai lead main force 2006 contract opened at 13800 yuan / ton, the whole day basically around the daily average shock, near the close, the consumer end of the downturn, superimposed recycled lead discount quotation increase, short capital entry pressure, Shanghai lead center of gravity slowly moved down, finally closed at 13715 yuan / ton, up 65 yuan / ton, up 0.48%, position increased by 2158 hands to 24196 hands. Shanghai lead closed small negative line, to 5, 10 moving averages formed by the formation of the platform as the support shock, the weekend to pay close attention to the changes in macro news.

In addition, according to the announcement of the previous issue, there has been no night trading in Shanghai since February 3, and the recovery time has yet to be determined.

(Guo Rong, Shanghai Colored Network Tel: 021-51666879)