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

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.

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