Lead Market Got Off to A Strong Start After National Day Holiday, How Will Fundamentals Perform in October? [SMM Analysis]
Oct 09, 2025 20:43
[SMM Analysis: Lead Market Starts Strong After National Day Holiday, How Will Fundamentals Perform in October?]
SMM October 9: As of 15:00 on October 9, LME lead closed at $2,016.5/mt, up 0.69% from the opening price. The most-traded SHFE lead 2511 contract closed at 17,115 yuan/mt, up 0.67% from the opening price, after hitting a session high of 17,155 yuan/mt. Following the National Day & Mid-Autumn Festival holiday, lead prices both domestically and overseas started with gains.