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The US Dollar Index Closed Lower Overnight, Lead Futures Rebounded Slightly [SMM Lead Morning Brief].

  • Feb 21, 2025, at 8:50 am
[SMM Lead Morning News: US Dollar Index Closed Lower Overnight, Lead Futures Rebounded Slightly] SMM, February 21: Overnight, LME lead opened at $1,993.5/mt and finally closed at $2,004/mt, up by $11.5/mt or 0.58%. Meanwhile, the most-traded SHFE lead 2503 contract opened at 17,120 yuan/mt and finally closed at 17,135 yuan/mt, up by 90 yuan/mt or 0.53%.

SMM February 21 News:

Overnight, LME lead opened at $1,993.5/mt, fluctuated upward during the Asian session, continued to rise during the European session to a high of $2,011/mt, then pulled back under pressure to a low of $1,990/mt, and finally closed at $2,004/mt, up $11.5/mt, an increase of 0.58%.
Overnight, the most-traded SHFE lead 2503 contract opened at 17,120 yuan/mt, initially fluctuated and briefly touched a high of 17,230 yuan/mt, then after a short consolidation, fluctuated downward all the way, and finally closed at 17,135 yuan/mt, up 90 yuan/mt, an increase of 0.53%.

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