Overnight, lead futures fluctuated downward, with SHFE lead closing slightly lower. [SMM Lead Morning News]

SMM April 1 News:

Overnight, the most-traded SHFE lead contract opened at 17,465 yuan/mt. After opening, it fluctuated downward continuously, with bears increasing their positions, touching a low of 17,370 yuan/mt. It then fluctuated rangebound around 17,400 yuan/mt, and finally closed at 17,375 yuan/mt, down 35 yuan/mt, a decrease of 0.20%.

Overnight, LME lead opened at $2,013/mt. During the Asian session, it fluctuated rangebound. Entering the European session, it lightly touched a high of $2,013/mt before fluctuating downward, lightly touching a low of $2,013/mt, and finally closed at $2,015.5/mt, up $2.5/mt, an increase of 0.12%.