SMM lead morning comments:LME and SHFE lead prices diverged

Published: Feb 26, 2024 10:31

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LME lead prices opened at $2085/mt last Friday evening. Entering the European session lead stocks decreased, and LME lead rose to a high of $2101/mt. The contract closed at $2099.5/mt, a gain of 0.38%.

SHANGHAI, Feb 26 (SMM) -

The most active SHFE 2404 lead contract prices opened at 15845 yuan/mt with the high-end of 15900 yuan/mt, and finally closed at 15885 yuan/mt, down 0.06%. Open interest increased 1362 lots to 43474 lots.

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