SMM February 18 News:
Overnight, LME lead opened at $1,983.5/mt, fluctuated upward during the Asian session, and continued to rise during the European session, reaching a high of $2,006.5/mt. It then pulled back under pressure and finally closed at $1,982.5/mt, up $0.5/mt, an increase of 0.03%.
Overnight, the most-traded SHFE lead 2503 contract opened at 17,200 yuan/mt, initially reaching a high of 17,250 yuan/mt before declining to a low of 17,150 yuan/mt. It then slightly rebounded and finally closed at 17,180 yuan/mt, up 40 yuan/mt, an increase of 0.23%.
