LME Suspended Russian Lead Warrants, and LME Lead Continued to Rise [SMM Lead Morning News]

Published: May 5, 2022 09:47

Source: SMM

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[SMM lead morning news: LME suspended Russian lead warrants, and the LME lead continued to rise] LME lead opened at $2,267/mt, and stabilized during the Asian trading hours.

SHANGHAI, May 5 - LME lead open at $2,267/mt and stabilized during the Asian trading hours, then went downward to $2,253/mt during the European trading hours, and finally rose to $2,324/mt and closed at $2,290/mt, up 1.53%, after LME suspended Russian lead warrants. The open interest increased by 387 lots from the previous day to 11,300 lots.

SHFE lead was closed due to the May Day holiday.

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