SMM News on June 13:
This week, LME lead opened at $1,977.5/mt, initially touching a low of $1,973.5/mt. Due to the easing of tariff issues and the market's positive macro sentiment driven by expectations of a US interest rate cut, lead prices fluctuated upward. LME lead reached a high of $2,000/mt in the late session. As of 15:30 Beijing time on June 13, 2025, it closed at $1,995/mt, up 1.06%.
This week, the SHFE lead 2507 contract opened at 16,705 yuan/mt, initially touching a low of 16,695 yuan/mt. It fluctuated upward during the week, reaching a high of 17,010 yuan/mt in the late session, and closed at 16,945 yuan/mt, up 0.98%.
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