On Monday night, the nonferrous metal market rose and fell with each other. Shanghai lead opened lower at night and went up. Today, it rebounded from a low position in early trading and stopped falling temporarily. As of the closing of the 8th, the settlement price of the main contract of Shanghai lead 2107 was 15010 yuan / ton, up 0.40%.

The price of lead ingot in the domestic spot lead market is about 14850-15000 yuan / ton, with an average price of 14925 yuan / ton, up 75 yuan / ton from the previous trading day. At present, the tight supply of domestic ore end is still continuing, which has a certain support for the price of lead. However, due to the high social inventory, there is still some pressure on the price of lead. In June, the lower reaches are still in the off-season, the enthusiasm of the lower reaches to enter the market is limited, and the overall talks are still rather cold.

In the future, the business community believes that the electrolytic lead market is playing a long and short game, and there is a certain intention to replenish the downstream near the Dragon Boat Festival. It is expected that the lead price will fall in a limited space, and the fluctuation trend will be dominant.