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A weaker dollar index to boost the metal lead ingot prices or to rise slightly

by:Deyuan      2020-12-25
【 Abstract 】 A weaker dollar index boosting metal prices generally rose, London lead high late thwarted by the 40 - day moving average closed up $12, short-term price or interval consolidation is given priority to, this now lead prices or to rise slightly.

【 Lead futures market 】 Lead early in 1684 dollars/tons, Asian dollar index fell, Aaron lead rise in vibration, Europe and the United States lead time Aaron extended gains fast rising to 1713 dollars/tons, after the interval range trade, late back some gains, center of gravity fell slightly to $1700 / ton consolidated near a line and eventually closed at $1697 / ton, up $12, or 0. 71%; Hand positions, volume 3255, 62, 128826 an increase of 4704 hand positions; Shanghai main lead 1608 contracts in 12875 yuan/ton, disk movements confined in average daily offline party consolidation, fluctuation amplitude near 30 yuan/ton.

( ) Spot price quotation today forecast: lead high, Shanghai lead thwarted by the 40 - day moving average pressure, market expectations remain bearish, lead the city of weak fundamentals, demand is weak, downstream wait-and-see, forecast the spot market today lead ingot price 50 yuan/ton.
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