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Color: China lead supply increase 4 day lead prices or fall

by:Deyuan      2020-12-23
【 。 Cn summary 】 A surplus of China increased supply and may, the overnight lead fell 0. 34%, fell to a five-month low, car battery replacement were slow to the busy season, storage enterprises inventory increased somewhat, material now lead down today.

【 。 Cn lead futures market 】 London lead high rushed back, opened at $1905 / ton, high of $1921, low of $1890, the late closed at $1897, 6. $5 or 0. 34%; Volume was 3816 1093, increased holdings 120737 98. Lead night Shanghai main 2001 contract closed at 15015 yuan/ton, down 105 yuan, or 0. 69%.

the Yangtze lead industry network ( pb. 。 cn) Today's spot price quotation forecast: increase and possible excess supply in China,, according to analysts at citibank lead market this year is expected to supply 2. Excess supply will be 10, 50000 tons, 2020. 60000 tons, the overnight lead high, fell to a five-month low. Car battery replacement were slow to the busy season, storage enterprises inventory increased somewhat, traders procurement cautious, expected this spot price to fall. ( The Yangtze river team 0592 - metal extraction solution network 5668838).
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