Overnight, LME lead opened at US$2,172/ton. Economic data before the Fed's interest rate meeting were mixed. The contract finally closed. at US$2,178/ton, an increase of 0.28%.
The most active SHFE 2403 lead contract prices opened at 16255 yuan/mt last evening and finally closed at 16270 yuan/mt, up 0.12%. Open interest decreased 160 lots to 66441 lots.
SMM Lead Morning Comments
- Jan 31, 2024, at 9:59 am
Overnight, LME lead opened at US$2,172/ton. Economic data before the Fed's interest rate meeting were mixed. The contract finally closed. at US$2,178/ton, an increase of 0.28%.
