[SMM Lead Morning Comment] Both SHFE and LME lead prices closed up

Telah Terbit: Aug 24, 2023 09:52
LME lead opened at $2152/mt overnight and closed at $2190/mt, a rise of 1.79%.

SHANGHAI, Aug 24 (SMM) - LME lead opened at $2152/mt overnight and closed at $2190/mt, a rise of 1.79%. Open interest increased by 430 lots from the previous trading day to 124,000 lots, and trading volumes grew 767 lots to 7103 lots. The most traded SHFE 2309 lead contract opened at 16435 yuan/mt and closed at 16480 yuan/m, up 0.86%, after briefly hitting the highest point at 16565 yuan/mt. Open interest increased by 5571 lots from the previous trading day to 11.7 lots, and trading volumes fell 56289 lots to 53446 lots.

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