SMM Lead Morning Brief: Weakness in LME Lead Amid Traditional Off-Season and Position Adjustment

[SMM Lead Morning Brief: Traditional Off-Season for Lead-Acid Batteries Expected, Bulls Reduce Positions, SHFE Lead Closed Lower Overnight]

SMM, February 24: Last Friday, LME lead opened at $2,000/mt, fluctuating downward during the Asian session. Entering the European session, LME lead came under pressure and weakened to a low of $1,972.5/mt due to a stronger US dollar. However, as bears reduced positions, LME lead rebounded at the end of the session, reaching a high of $2,011/mt...