SHANGHAI, Feb 27 (SMM) -
Overnight, LME lead prices opened at $2,098/mt. Against the background of continuous destocking in the past week, the overall focus of LME lead prices moved upward. After entering the European session, the destocking of ingots and the fall of the US dollar once again boosted the lead price. During the period, LME lead prices reached a maximum of $2102/mt, and finally closed at $2098.5/mt, down 0.05%.
The most active SHFE 2404 lead contract prices opened at 15955 yuan/mt with the high-end of 15970 yuan/mt, and finally closed at 15960 yuan/mt, up 0.47%. Open interest increased 37 lots to 44204 lots.
