SMM Morning News on Lead: The Operating Center of Shanghai Lead is Still Rising as Long Positions Increase, Boosting LME Lead to Rebound out of a V-shaped Recovery

SMM News on July 17: Overnight, LME lead opened at $2,190 per ton and briefly touched a high of $2,197 per ton during the Asian session before fluctuating downwards. As the European session began, the dollar fell first and then rose, putting pressure on LME lead to dive to a low of $2,168.5 per ton. In the closing period, the price was boosted by Shanghai lead...