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Lead review: crude oil futures fell low consolidation or drag on the lead

by:Deyuan      2020-12-25
【 Abstract 】 LME closed yesterday, Shanghai main lead 1610 lack guidance low consolidation, overnight crude oil futures fell, Shanghai lead long frustrated, days still under pressure or low consolidation pattern, material today now lead prices dipped.

【 Lead futures market 】 Shanghai main lead 1610 contracts in 13875 yuan/ton, Shanghai lead early dip to a low of 13825 yuan/ton, near a line back up to 13860 yuan/ton after sideways, range of up to 13900 yuan/ton, eventually closed at 13870 yuan/ton, down to 55 yuan, or 0. Decreased 39%, volume 2242, 6336, 18084 an increase of 154 holdings. Beijing time 09:50, Aaron, lead the latest at $1868, down $11.

( ) Today's spot price quotation forecast: overnight crude oil futures fell, the two cities today lead futures began the weak; Recent domestic strict on environmental or back to peak season, lead, sentiment, downstream businesses maintain wait-and-see, days after the Shanghai lead still under pressure or low consolidation pattern, forecast today lead spot prices fell.
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