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SMM lead morning comments

  • Dec 06, 2023, at 10:05 am
LME lead opened at $2095/mt and consolidated sideways in Asian trading hours yesterday, rising to $2103.5/mt during the European trading hours. It finally closed at $2050/mt, down $40.5/mt or 1.94%, falling for 12 consecutive days.

SHANGHAI, Dec 6 (SMM) - LME lead opened at $2095/mt and consolidated sideways in Asian trading hours yesterday, rising to $2103.5/mt during the European trading hours. It finally closed at $2050/mt, down $40.5/mt or 1.94%, falling for 12 consecutive days.
The most-traded SHFE 2401 lead contract opened at 15570 yuan/mt and fell 125 yuan/mt or 0.8% to close at 15525 yuan/mt last evening, briefly hitting the lowest point at 15480 yuan/mt and the highest point at 15770 yuan/mt.


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