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Overnight lead prices were in the doldrums, with both closing lower [SMM Lead Morning News]

iconNov 6, 2025 08:30

SMM November 6 News:

Overnight, LME lead opened at $2,022/mt. During the Asian session, it fluctuated horizontally around the daily moving average. Entering the European session, it fluctuated upward, reaching a high of $2,035/mt. After a brief consolidation, it fell below the daily moving average, hitting a low of $2,017/mt, and finally closed at $2,019.5/mt, down $1.5/mt, a decrease of 0.07%.

Overnight, the most-traded SHFE lead contract opened at 17,465 yuan/mt. At the beginning of the session, it rose to a high of 17,555 yuan/mt, then fluctuated downward, and finally closed at 17,490 yuan/mt, down 10 yuan/mt, a decrease of 0.06%.

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