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SMM lead morning comments

  • Dec 25, 2023, at 10:00 am
LME lead open at $2067.5/mt and reached a high of $2083/mt and a low of $2058/mt during the European trading hours. It finally dropped and closed at $2071/mt, up $8/mt or 0.39%. In addition, LME market trading is closed today due to the Christmas holiday and will resume trading on Wednesday (December 27).

SHANGHAI, Dec 25 (SMM) -

LME lead open at $2067.5/mt last Friday and reached a high of $2083/mt and a low of $2058/mt during the European trading hours. It finally dropped and closed at $2071/mt, up $8/mt or 0.39%. In addition, LME market trading is closed today due to the Christmas holiday and will resume trading on Wednesday (December 27).
The most-traded SHFE 2402 lead contract opened at 15710 yuan/mt and rose 85 yuan/mt or 0.54% to close at 15720 yuan/mt last Friday evening, briefly hitting the lowest point at 15630 yuan/mt and the highest point at 15775 yuan/mt. The open interest decreased by 2837 lots from the previous trading day to 52706 lots.



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