Published: Nov 15, 2023 08:55
【SMM Lead Early News: Overnight US Dollar Weakens, LME Lead Short Positions Exit, SHFE Lead Slightly Rises】SMM November 15th News: LME Lead opened at 2169 US Dollars/tonne, after the US Department of Labor's quarterly CPI was released, the US Dollar weakened significantly, and base metals rose across the board, LME Lead short positions exited, and LME Lead rose in this atmosphere... Overnight SHFE Lead main contract 2312 opened at 16415 Yuan/tonne, and after opening it rose to a high under the boost of LME Lead's strength...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn