Lead futures price weekly review (2026.6.1-2026.6.5) [SMM Lead Weekly Review]

Published: Jun 5, 2026 16:33

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SMM June 5 news:

LME lead started the week at $2,015/mt, was pulled up by bulls to $2,046/mt mid-week, then oscillated down after profit-taking pressure emerged, hitting a low of $2,003/mt. As of 3:00 pm Beijing time, it closed at $2,008.5/mt, down 0.15% for the week.

SHFE lead contract 2607 opened at 16,580 yuan/mt, surged to a high of 16,720 yuan/mt mid-week, then fell consecutively to 16,365 yuan/mt as profit-takers exited, before rebounding slightly at the end to close at 16,405 yuan/mt, down 0.93% for the week.

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