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SMM lead morning comments

  • Dec 05, 2023, at 10:04 am
LME lead opened at $2128/mt and rose during the Asian trading hours yesterday, rising to $2131.5/mt during the European trading hours. It finally closed at $2093/mt, down $33.5/mt or 1.58%, falling for 11 consecutive days.

SHANGHAI, Dec 5 (SMM) - LME lead opened at $2128/mt and rose during the Asian trading hours yesterday, rising to $2131.5/mt during the European trading hours. It finally closed at $2093/mt, down $33.5/mt or 1.58%, falling for 11 consecutive days.
The most-traded SHFE 2401 lead contract opened at 15700 yuan/mt and fell 70 yuan/mt or 0.45% to close at 15630 yuan/mt last evening, briefly hitting the lowest point at 15600 yuan/mt and the highest point at 15770 yuan/mt.

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