Weekly Review of Lead Futures Prices (2025.8.25-2025.8.29) [SMM Lead Weekly Report]

SMM August 29:

LME lead was closed on Monday due to the UK Summer Bank Holiday. On Tuesday, it opened at $1,988.5/mt, briefly touched a high of $2,005.5/mt early in the week, and fluctuated narrowly around $1,988/mt mid-week, with a low of $1,965/mt during the period. As of 15:00 Beijing time on August 29, 2025, it finally closed at $1,991/mt, down 0.05%.

This week, the most-traded SHFE lead 2510 contract opened at 16,815 yuan/mt, briefly touched a low of 16,765 yuan/mt at the beginning of the session, rose in the first half of the week to a mid-week high of 16,970 yuan/mt, but weakened in the second half of the week, giving up some gains, and finally closed at 16,880 yuan/mt, up 0.6%.

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