Overnight, LME lead opened at $2,192.5/mt, initially rising and then falling during the Asian session, reaching a high of $2,202.5/mt. Entering the European session, due to the continued strength of the US dollar, LME lead remained under pressure, fluctuating downwards, hitting a low of $2,176.5/mt near the end of trading, and finally closing at $2,187/mt, down 0.21%.
Overnight, the most-traded SHFE lead 2408 contract opened with a gap up at 19,275 yuan/mt, initially touching a low of 19,190 yuan/mt, then boosted by LME lead, rising to a high of 19,335 yuan/mt. After a pullback, it fluctuated downwards, and finally rebounded slightly to close at 19,280 yuan/mt, up 0.1%.
