SMM Lead Morning Comments

Published: Feb 8, 2024 09:54
LME lead open at $2117.5/mt and moved sideways during the Asian trading hours yesterday, declining to $2095/mt during the European trading hours. It finally dropped and closed at $2098.5/mt, down $18/mt or 0.85%.

LME lead open at $2117.5/mt and moved sideways during the Asian trading hours yesterday, declining to $2095/mt during the European trading hours. It finally dropped and closed at $2098.5/mt, down $18/mt or 0.85%.
The most active SHFE 2403 lead contract prices opened at 16180 yuan/mt and touched 16265 yuan/mt before closing at 16205 yuan/mt, up 35 yuan/mt or 0.22%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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