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Global lead market supply gap narrows 13-day lead price or small drop
Release time:May 13, 2019 From:admin
Benefiting from the weak support of the US dollar, overnight lead shock consolidation closed up by 12 US dollars. In January and February, the global lead market supply gap narrowed compared with the same period of last year. The upward pressure on lead prices is relatively large.
[Lead futures market] overnight lead shock consolidation, opening 1926.5 US dollars / ton, high point 1958.5 US dollars, low 1926 US dollars, closing at 1939 US dollars, up 12 US dollars, or 0.62%; volume 3425 decreased 937 The open interest of 119,802 increased by 991 lots. In the evening, the main Shanghai 1906 contract closed at 16,390 yuan / ton, down 75 yuan, a decrease of 0.46%.
Today's spot lead price market estimate: benefiting from the weaker support of the US dollar, the overnight lead volatility closed up, the World Bureau of Metal Statistics (WBMS) released data on Wednesday, the global lead market supply gap of 63,000 tons in January-February, compared with the same period last year Apparently narrowed, the pressure on lead prices is relatively high, and the spot price of spot prices may fall slightly.
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