SHFE lead broke through 17,000 yuan/mt, LME lead prices dropped [SMM lead morning comment]

LME lead opened at $2176/mt overnight and fell by 1.15% to close at $2147.5/mt with highest at $2191/mt and the lowest point at $2141/mt.

The most traded SHFE 2406 lead contract opened at 16940 yuan/mt and fell 0.39% to close at 16890 yuan/mt briefly hitting a high point at 17115 yuan/mt and the lowest point at 16855 yuan/mt.