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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