Lead Weakens Amid Macro Disturbances, LME Lead Records a Large Bearish Candle [SMM Lead Morning Brief]

SMM March 10 News:

Last Friday, LME lead opened at $2,035/mt, fluctuated downward during the Asian session, continued to weaken during the European session, hitting a low of $2,012/mt, and rebounded slightly before the close, finally settling at $2,016/mt, down $23/mt or 1.13%.

Last Friday night, the most-traded SHFE lead 2504 contract opened at 17,400 yuan/mt, weakened initially to a low of 17,355 yuan/mt, then rebounded slightly, and finally closed at 17,405 yuan/mt, down 70 yuan/mt or 0.4%.