[brief comment on lead in SMM] lead in Shanghai continues to refresh its highs at night or maintain a strong trend

SMM, July 19 / PRNewswire-Asianet /-

Within days, Shanghai lead 1909 contract opened at 16520 yuan / ton, Shanghai lead all day above the daily average, during which time climbed to a nearly three-month high of 16725 yuan / ton, and finally closed at 16675 yuan / ton, up 230 yuan / ton, an increase of 1.4%. Position increased 4732 hands to 65872 hands. Shanghai lead closed Dayang line, continue to refresh recent highs, bulls into the market enthusiasm, medium-and short-term EMA shows an upward trend, and weekly level, Shanghai lead also broke through the low consolidation market, 5, 10 days moving average head upward, driven by the night outside lead, Shanghai lead may maintain a strong trend, but this position should not catch up.

(Guo Rong of Shanghai Color Network Tel: 021 51666879)