






SMM Oct. 17:
This week, LME lead opened at $2,017.5/mt, fluctuated downward after briefly touching a high of $2,023/mt early in the session, fluctuated rangebound around the $1,985/mt level mid-week, and hit a low of $1,963/mt before closing at $1,972.5/mt at 15:00 Beijing time on Oct. 10, 2025, down 2.08%.
This week, the most-traded SHFE lead 2511 contract opened at 17,160 yuan/mt, pulled back after briefly touching a high of 16,290 yuan/mt early in the session, fluctuated around the 17,075 yuan/mt level mid-week, with a low of 16,960 yuan/mt during the period, and finally closed at 17,075 yuan/mt, down 0.38%.
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