Last Friday, LME lead opened at $2,300/mt. Entering the European session, it fell to a low of $2,275/mt, then rebounded to a high of $2,305/mt, supported by a weaker US dollar index, and closed at this level, up $9.5/mt or 0.41%. Due to the UK Spring Bank Holiday, LME lead was closed on Monday.
Last Friday evening, the most-traded SHFE lead contract opened at ¥18,475/mt, reading a high of ¥18,565/mt. It finally closed at ¥18,480/mt, up ¥10/mt or 0.05%.
