SMM lead morning comments: Longs increased positions, SHFE and LME lead prices rebounded

SHANGHAI, Jan 16 (SMM) -

LME lead prices opened at $2091.5/mt and closed at $2105/mt last evening, up $14/mt or 0.67%, with the high-end of $2113/mt.
The most active SHFE 2403 lead contract prices opened at 16210 yuan/mt and touched a high of 16,295 yuan/mt before closing at 16270 yuan/mt, up 55 yuan/mt or 0.34%.