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Lead in early fall correct recent lead price consolidation is given priority to

by:Deyuan      2020-12-25
【 Abstract 】 London lead high rushed back fell $12, Shanghai period with outside dish fell 115 yuan, the main lead month period lead downward move; Downstream buyers on demand to buy on dips, clinch a deal the warming, is expected to present now lead prices dipped

' Lead futures market 】 Aaron, lead to open in 1700 dollars/tons, Asian time China march CPI and PPI data better than expected, boost Aaron lead rushed up to 1718 dollars/tons, in the afternoon in 5, 10 - day moving average pressure, lead rapidly diving, and finally closed at 1691. 5 dollars/ton, down 12 dollars/tons, or 0. 7%. Positions in terms of volume increase of 345 to 3246 hand, 2638 to 128401 hand holdings increased; Shanghai main lead 1605 contracts in 13140 yuan/ton, up sideways between starting grids in 13080 yuan/ton, center of gravity position late long positions in great quantities, plate between the moment was to crack down on the diving, and eventually closed at 13000 yuan/ton, down 115 yuan/ton, holdings by 178 to 13366 hands.

( ) Spot price quotation today forecast: lead the center of gravity down, market empty square plate, but the decline narrowed. Part of the radical downstream buyers to buy on dips, clinch a deal the market recovered, forecast the spot market today's lead price 50 yuan/ton
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