Lead Prices Fluctuate Upward, SHFE Lead Spot Month 2509 Contract Smoothly Settled [Lead Futures Brief]

Published: Sep 15, 2025 17:29

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SMM September 15:

During the day, the SHFE lead 2509 contract settled at 17,150 yuan/mt, with a settlement price of 17,170 yuan/mt, open interest of 4,120 lots, delivery volume of 20,600 mt, warrant inventory of 59,417 mt. The SHFE lead 2509 contract achieved a smooth delivery.

During the day, the most-traded SHFE lead 2510 contract opened at 17,140 yuan/mt. Due to low lead operating rates in China versus improved e-bike consumption, SHFE lead fluctuated upward after opening, and touched a high of 17,205 yuan/mt before closing, finally settling at 17,160 yuan/mt, up 0.7%, with open interest of 47,056 lots.

Source statement: Except for public information, other data are processed by SMM based on public information, market communication, and SMM's internal database model, for reference only and not as a decision-making recommendation.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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