Yangtze River Non-Ferrous Metals: China’s October Financial Data Moved Back to Lead 12, Prices May Fall | Futures_Sina Finance_Sina.com

Original title: Yangtze River Nonferrous Metals: China’s financial data fell in October, lead prices on the 12th may decline

[Ccmn.cn Abstract]LME lead inventories continued to decline as support. LME lead exploration rebounded overnight and closed with a rise of 0.08%. China’s financial data declined in October and terminal consumption is unlikely to rise.Shanghai LeadThe trend is under pressure and the lead could diminish today.

[Ccmn.cn lead futures market]LME lead outlook rebounded overnight, opening at $ 1.863 / ton, highs at $ 1.878, lows at $ 1.851 and closed at $ 1868.5 late trading, up $ 1.5, or 0.08 %; trading volume 4426 was up by 574 hands, 106,955 was up by 41,310 hands. In the evening, Shanghai’s main contract for 2012 closed at 14,535 yuan / ton, down 80 yuan, or 0.55%.

Yangtze Lead Network (pb.ccmn.cn) Spot Price Forecast Today: LME lead stocks continued to decline as support and LME lead prices rebounded overnight; China’s financial data declined in October, and social financial growth hit a new low since February, Seasonal demand weakens, terminal consumption is unlikely to rise, Shanghai lead trend is under pressure, expected spot lead prices will drop today. (Changjiang non-ferrous wire mesh research and development team 0592-5668838)