On May 6, the lead price fluctuated in the off-season

On May 6, the quotation range of 1# lead ingots in the domestic spot lead market was about 15550-15700 yuan / ton, and the average price was 15625 yuan / ton, up 25 yuan / ton compared with the previous trading day.

 

On Thursday night, the US dollar once again hit a high of 103.95. London metal was generally under pressure at night. Lun lead closed down, while Shanghai lead fell slightly by 0.06%. As of the closing on May 6, the Shanghai lead 2206 contract closed up by 0.10%. The spot market rose slightly following the trend of futures today. From the perspective of fundamentals, the downstream gradually entered the off-season, with limited support for the demand for lead ingots. It is expected that the lead price will remain volatile, and the off-season price will mainly follow the trend of futures market, It is expected to be dominated by overall shock.

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