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Published: Dec 1, 2023 15:14
"【SMM Lead Futures Briefing】 SMM News on December 1: Today, the main 2401 lead contract in Shanghai opened at 15,835 yuan/ton, fluctuated downwards after opening, and dipped to 15,740 yuan/ton at the end of the day, closing at 15,785 yuan/ton, down 0.54%. The open interest decreased by 5,772 lots to 61,894 lots, and the trading volume increased by 18,450 lots to 84,343 lots. The weakness in Shanghai lead remains unchanged, with holders offering prices in line with the market, and some primary lead smelters completing end-of-month inventory adjustments during this period..."

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.

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