Latest Update in the SMM Lead Market

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Apr 26, 2024

LME copper prices opened at $9902/mt and closed at $9900/mt last evening, up 1.12%, with the highest of $9958/mt and the lowest of $9736/mt.

LME lead opened at $2200/mt last evening and rose by 0.34% to close at $2210/mt, with the lowest point at $2186.5/mt and the highest point at $2219/mt.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Apr 25, 2024

LME copper prices opened at $9794.5/mt and closed 0.64% higher at $9790/mt overnight, with the low-end of $9758.5/mt and the high-end of $9843/mt.

Last evening, LME lead price opened at US$2182.5/ton and hit a high of US$2209/ton, and finally closed at US$2202.5/ton, an increase of 0.85%.

Today, the average price of SMM1# lead rose 150 yuan/ton to 16675 yuan/ton. The mainstream discount was 200-100 yuan/ton against the average price of SMM1# lead,ex-factory; some cargoes were quoted with discounts of 300 yuan/ton.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Apr 24, 2024