Lead Futures Prices Fall after Rising

Published: Mar 13, 2023 15:14

Source: SMM

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LME lead opened at $2,081.5/mt last Friday, and hovered around the daily moving average during the Asian trading hours.

SHANGHAI, Mar 13 (SMM) - LME lead opened at $2,081.5/mt last Friday, and hovered around the daily moving average during the Asian trading hours. During the European trading hours, LME lead rebounded to $2,103/mt amid the weakening US dollar index after hitting the lowest point at $2,059/mt, and finally closed at $2,068/mt, down $15/mt or 0.72%.

The most-traded SHFE 2304 lead contract opened at 15,155 yuan/mt and fell 25 yuan/mt or 0.16% to 15,140 yuan/mt last Friday, after briefly hitting the highest point at 15,190 yuan/mt.

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