SMM September 15:
During the day, the SHFE lead 2509 contract settled at 17,150 yuan/mt, with a settlement price of 17,170 yuan/mt, open interest of 4,120 lots, delivery volume of 20,600 mt, warrant inventory of 59,417 mt. The SHFE lead 2509 contract achieved a smooth delivery.
During the day, the most-traded SHFE lead 2510 contract opened at 17,140 yuan/mt. Due to low lead operating rates in China versus improved e-bike consumption, SHFE lead fluctuated upward after opening, and touched a high of 17,205 yuan/mt before closing, finally settling at 17,160 yuan/mt, up 0.7%, with open interest of 47,056 lots.
Source statement: Except for public information, other data are processed by SMM based on public information, market communication, and SMM's internal database model, for reference only and not as a decision-making recommendation.
