Last Friday night, LME lead first fell and then rose, while SHFE lead slightly increased [SMM Lead Morning Comment]

Last Friday night, LME lead opened at $2,034/mt. It ran weakly during the Asian session and continued to fluctuate downward after entering the European session. After dipping to $2,007/mt, it rebounded all the way and finally closed at $2,043/mt, up $7/mt, an increase of 0.34%.

Last Friday night, the most-traded SHFE lead 2409 contract opened at 17,700 yuan/mt. After initially declining to 17,510 yuan/mt, it rebounded all the way, reaching a high of 17,765 yuan/mt, and finally closed at 17,755 yuan/mt, up 75 yuan/mt, an increase of 0.42%.