Weekly Review of Lead Prices (June 2, 2025 - June 6, 2025) [SMM Weekly Lead Review]

SMM, June 6:

This week, LME lead opened at $1,967/mt. After briefly touching a low of $1,959.5/mt at the start of the session, it fluctuated upward. Mid-week, it climbed to a high of $1,994.5/mt, and fluctuated rangebound towards the end of the session. As of 15:00 Beijing time on June 6, 2025, it closed at $1,989.5/mt, up 1.3%.

Due to the Dragon Boat Festival holiday, SHFE lead was closed on Monday. On Tuesday, the SHFE lead 2507 contract opened at 16,650 yuan/mt. After briefly touching a low of 16,525 yuan/mt at the start of the session, it fluctuated around the 16,680 yuan/mt level mid-week. Towards the end of the session, it surged to a high of 16,795 yuan/mt and closed at 16,780 yuan/mt, up 0.96%.

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