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The spot lead price is expected to be stable today under the support of strong market costs

Word:[Big][Middle][Small] 2023/6/6     Viewed:    
        Overnight Lund lead trend up and down oscillation is obvious, opening at $2030 / ton, high at $2037.5, low at $2018, closing at $2033, down $3, or 0.15%; volume of 3270 lots decreased by 1996 lots, position 116,086 lots decreased by 1100 lots. Evening Shanghai lead main 2307 contract fell before closing down, closing at 15055 yuan / ton, down 10 yuan, or 0.07%.

  Today's spot lead price forecast: the market continues to digest the U.S. non-farm payrolls data exceeded expectations, the dollar index rebounded non-ferrous metals under pressure, overnight LunLead shock closed up; renewable lead smelter losses continue to expand, most still have the will to cut production, overlaid with the strong cost support of firm raw material prices, is expected to stabilize the spot lead today.
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