SHFE Lead Rebounded After Hitting a Low, Forming a Doji Candle Today [Brief Review of Lead Futures]

Publicado: Jan 10, 2025 16:17
[SMM Lead Futures Brief Review] During the day, the most-traded SHFE lead 2502 contract opened at 16,410 yuan/mt, fluctuated upward after the opening to a high of 16,630 yuan/mt, and finally closed at 16,600 yuan/mt, up by 0.18%, with an open interest of 38,847 lots...

SMM, January 10, 2025

— During the day, the most-traded SHFE lead 2502 contract opened at 16,410 yuan/mt, fluctuated upward after the opening to a high of 16,630 yuan/mt, and finally closed at 16,600 yuan/mt, up 0.18%. A doji candlestick with a bearish close was recorded today, with an open interest of 38,847 lots.

Social inventory of lead ingots continued to decline, while the delivery date for the SHFE lead 2501 contract is approaching next week, raising the possibility of transferring delivery warehouse stocks. Due to the increasing impact of the Chinese New Year on the market, downstream enterprises are on holiday, and logistics and transportation vehicles are gradually decreasing. It is expected that the volume of lead ingots delivered this round will not be significant. In the near term, lead prices still require attention to downstream pre-holiday stockpiling activities.

》Subscribe to view historical SMM metal spot prices

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn