SMM Lead Market Morning Comment (Jul 9)

Overnight, LME lead opened at $2,236.5/mt, reaching a high of $2,259/mt, and closed at $2,237.5/mt, down $4/mt, a decrease of 0.18%. Overnight, the most-traded SHFE 2408 lead contract opened at 19,675 yuan/mt, reaching a high of 19,810 yuan/mt, then falling to 19,570 yuan/mt, and closed at 19,600 yuan/mt, down 30 yuan/mt, a decrease of 0.15%.