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SMM Lead Morning Comment: SHFE and LME lead prices closed lower

Published: Apr 03, 2024 10:06 (GMT+8)
LME lead opened at $2050/mt overnight and fell by 1.56% to close at $2021/mt with highest at $2054.5/mt and the lowest point at $2011/mt.

LME lead opened at $2050/mt overnight and fell by 1.56% to close at $2021/mt with highest at $2054.5/mt and the lowest point at $2011/mt.

The most active 2405 lead contract prices opened at 16490 yuan/mt last night with the low-end of 16395 yuan/mt, and closed at 16395 yuan/mt, a decrease of 0.27%.

Market review

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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