LME lead fell below the $2,100/ton support level overnight and SHFE lead closed higher [SMM Lead Morning Comment]

Telah Terbit: Jan 17, 2024 09:52
LME lead opened at $2104/mt and went downward during the Asian trading hours last evening, declining to $2093.5/mt during the European trading hours. It finally dropped and closed at $2094/mt, down $11/mt or 0.52%.

SHANGHAI, Jan 17 (SMM) -

LME lead opened at $2104/mt and went downward during the Asian trading hours last evening, declining to $2093.5/mt during the European trading hours. It finally dropped and closed at $2094/mt, down $11/mt or 0.52%.
The most active SHFE 2403 lead contract prices opened at 16250 yuan/mt and touched 16270 yuan/mt before closing at 16250 yuan/mt, up 35 yuan/mt or 0.22%.



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