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.
![Macro Headwinds Continue to Pressure Nonferrous Metals, SHFE Lead Logs Five Consecutive Negative Sessions [Lead Futures Brief Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
