SMM lead morning comment: LME lead inventory continues to decline, overnight LME lead recorded four consecutive days of gains

SHANGHAI, May 17 (SMM) - LME lead prices opened at $2273.5/mt and closed at $2292/mt last evening, up 0.73%, with the high-end of $2298/mt and the low-end of $2259.5/mt.

The most active SHFE 2407 lead contract prices opened at 18730 yuan/mt last evening, and closed at 18845 yuan/mt, an increase of 0.78%, with the high-end of 18855 yuan/mt and the low-end of 18680 yuan/mt.