Lead futures continued to fluctuate downward, with LME lead recording six consecutive declines. [SMM Lead Morning News]

SMM April 3 News:

Overnight, the most-traded SHFE lead contract opened with a gap at 17,300 yuan/mt, briefly touched a high of 17,355 yuan/mt at the beginning of the session, then fluctuated downward to a low of 17,250 yuan/mt, and subsequently fluctuated rangebound before finally closing at 17,265 yuan/mt, down 80 yuan/mt, a decrease of 0.46%.

Overnight, LME lead opened at $1,971/mt, initially fell and then rose to a high of $1,980/mt during the Asian session, and then fluctuated downward to a low of $1,964/mt during the European session, finally closing at $1,964.5/mt, down $10.5/mt, a decrease of 0.53%.