On the night of the 18th, the US dollar index was lower, while most LME metals were stronger. Shanghai lead continued last night’s trend in early trading today. It was the main trading partner at the beginning of trading, and then fell back. By the end of the 19th, the main contract 2106 of Shanghai lead was settled at 15580 yuan / ton, up 1.63%.

The spot market was driven by the high morning futures market, and most of the morning quotations rose. The quotation range of domestic lead ingot was about 15350-15500 yuan / ton, with an average price of 15425 yuan / ton, up 225 yuan / ton from the previous trading day. Spot market prices rose for two consecutive days, market traders have a strong wait-and-see mood, most of the downstream fear high, market wait-and-see mainly, the actual transaction is limited.

In the near future, the futures market has strengthened, focusing on the actual transaction situation of the market. The downstream batteries are still in the off-season, and the rising space is expected to be limited in the future.