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Home / Metal News / Mixed macro news during holiday, LME lead falls to near one-week low [[SMM Lead Morning News]]

Mixed macro news during holiday, LME lead falls to near one-week low [[SMM Lead Morning News]]

iconMay 6, 2025 09:01
Source:SMM
[SMM Morning Lead News: Mixed Macro News During Holiday, LME Lead Falls to Near One-Week Low] SMM reported on May 6: Last Friday, LME lead opened at $1,954.5/mt. Trading in the futures market was sluggish during the Asian session, with LME lead basically consolidating between $1,960-1,970/mt...

SMM, May 6:

Last Friday, LME lead opened at $1,954.5/mt. Trading in the futures market was sluggish during the Asian session, with LME lead consolidating mainly between $1,960/mt and $1,970/mt. As the market entered the European session, the price center of LME lead gradually moved down to around $1,955/mt, and even dropped to $1,930/mt near the close, hitting a one-week low. LME lead eventually closed at $1,931.5/mt, down 1.3%.

In the domestic market, SHFE lead was closed for the Labour Day holiday and will resume normal trading today (May 6).

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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