Accumulated inventory increases at home and abroad led to a downward trend in lead prices [SMM Lead Morning Comment]

Telah Terbit: Mar 18, 2024 09:58
Last Friday, LME lead prices opened at US$2,152/ton, and dropped to a low of US$2,111/ton. At last, the contract closed at $2131/mt, down 1.04%.

SHANGHAI, Mar 18 (SMM) - Last Friday, LME lead prices opened at US$2,152/ton, and dropped to a low of US$2,111/ton. At last, the contract closed at $2131/mt, down 1.04%.

The most active SHFE 2405 lead contract prices opened at 16245 yuan/mt last Friday and finally closed at 16255 yuan/mt, down 0.21%. Open interest increased 378 lots to 45139 lots.

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Accumulated inventory increases at home and abroad led to a downward trend in lead prices [SMM Lead Morning Comment] - Shanghai Metals Market (SMM)