Late Last Friday, Lead Consolidated in Range; LME Lead Closed Slightly Higher [SMM Lead Morning News]

Published: Mar 9, 2026 08:30

Save

SMM News on March 9:

Last Friday, LME lead opened at $1,945/mt and fluctuated upward during the Asian session. Entering the European session, it continued to rise and hit a high of $1,955/mt before weakening and dipping to $1,937/mt. Before the close, it recovered part of the losses and finally closed at $1,946/mt, up $2.5/mt, a gain of 0.13%.

Last Friday night, the most-traded SHFE lead contract opened at 16,780 yuan/mt. Early in the session, it rose to a high of 16,815 yuan/mt before turning lower and weakening. After touching 16,730 yuan/mt at the low, it rebounded to near the intraday moving average and moved sideways in consolidation, finally closing at 16,765 yuan/mt, up 0 yuan/mt from the previous day’s settlement price, with a % change of 0%.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Vietnam Tightens Oversight on Small and Medium-sized Lead Recycling Plants

Most recently, the Vietnamese government and law enforcement authorities have been conducting inspections and strict monitoring of lead recycling plants, facilities considered to have a high risk of pollution, to ensure compliance with the Environmental Protection Law. The investigations focus on waste treatment, safety distances, and technical processes. Small and medium-sized recycled lead factories are under the most pressure this time, as the government tends to target more unsystematic and loosely regulated operations.

1 hour ago

4 hours ago

Spot Lead Market Sees Sluggish Supply and Demand, Strong Wait-and-See Sentiment Among Downstream [SMM Lead Morning Meeting Minutes]

4 hours ago

5 hours ago

Geopolitical Tensions Outside China Showed Slight Easing, Lead Futures in and Outside China Maintained Strong Upward Momentum [SMM Lead Morning Brief]

5 hours ago