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Review: lead smelter commenced for better lead prices or down today

by:Deyuan      2020-12-23
【 Abstract 】 London lead trend weakening fell $31, domestic environmental clean up wind subside, lead smelters construction conditions improve, refined lead production or increased, maintain wait-and-see market, expected today now lead prices fall.

【 Lead futures market 】 London lead open slightly higher in 1970. 5 dollars/tons, Asian time lead heavy core amplitude fluctuations in 1960 dollars/tons near a line; Europe and the United States time lead confined in average daily offline, and center of gravity downward dip in 1931 dollars/tons, recovering slightly to $1945 / ton in late first-line consolidation, to close at 1942. 5 dollars/tons, fell 31. $5 or 1. Increased by 6%, volume 4619, 1823 hand, holdings of 124747 an increase of 525 hands; Shanghai main lead 1610 contracts in 14385 yuan/ton, up to 14400 yuan/ton, the lowest 14200 yuan/ton, eventually closed at 14305 yuan/ton, down 175 yuan, or 1. Decreased 21%, volume 5200, 5158, 20398 holdings reduce 666 hands.

( ) Today's spot price quotation forecast: news: market research, according to the August remelted lead domestic enterprises starts to 49. 1%, rose by 4. 16%, secondary lead dimensions enterprise overall production smoothly, secondary lead production overall rise. Domestic environmental clean up wind subside, lead smelters starting conditions improve, the domestic refined lead production or will increase continuously, the downstream businesses can temporarily maintain wait-and-see, first estimated lead spot prices today.
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