Expectations of further fed rate rises lead prices downward move
Us initial jobless claims last week biggest drop 2 months now, provide the basis for the American economy stabilises, the federal reserve to raise interest rates expected to heat up, London lead to accelerate the decline in closed down $15, is expected today now lead prices to fall
Lead futures market 】
Aaron, lead to open in 1699 dollars/tons, Asian session in early trading volume was light, the afternoon Aaron lead a slight touch high $1705 / ton, after pressure above 5 daily average line, shock, Europe and the United States time platform near center of gravity down to 1685 dollars/tons, low $1675 / ton, eventually closed at $1688 / ton, down 14.
5 dollars/tons, or 0.
Positions in terms of volume increase of 877 to 5196 hand, 545 to 119647 hand holdings increased;
Shanghai main lead 1607 contracts in 12835 yuan/ton, long unwind away after opening lead to accelerate the diving, and as low as 12730 yuan/tons, after gradually rebound but did not break through the opening, the platform run near center of gravity moved to 12780 yuan/ton, eventually closed at 12780 yuan/ton, down to 55 yuan/ton, or 0.
Positions, volume reduction of 3858 hands, 198 holdings decrease from 436 to 16086.
Spot price quotation today forecast: lead a downward move, empty market, lead ingot spot market are plentiful, demand off-season overall downturn, despises emotional dependence, pessimistic forecasts for the spot market today's lead price 50 yuan/tons.