SMM Morning Comment For Lead Market On November 7

Telah Terbit: Nov 7, 2023 09:51
Sumber: SMM
LME lead opened at $2167/mt overnight, and once hit one-month high of $2194/mt due to weaker US dollar.

SHANGHAI, November 7(SMM) –

LME lead opened at $2167/mt overnight, and once hit one-month high of $2194/mt due to weaker US dollar. Yet, high stocks caused LME lead to erase some gains later, closing at $2186/mt, up just 0.62%.

SHFE 2312 lead contract opened at 16550 yuan/mt overnight. Inventory build-up and expectations for output cuts co-exist. SHFE lead fell along with LME lead to 16455 yuan/mt initially, but then rebounded, closing up 0.36% at 16560 yuan/mt. Open interest added 635 lots to 66595 lots.

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn
Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn