SMM November 24:
On Friday night, LME lead opened at $2,004.5/mt. After opening, it fluctuated downward, and during the European session, it consolidated under pressure around the daily moving average. Before closing, it declined again, falling below the $1,900/mt level to a low of $1,980/mt, down $16/mt, a decrease of 0.80%.
On Friday night, the most-traded SHFE lead contract opened at 17,195 yuan/mt. After briefly touching a high of 17,230 yuan/mt at the beginning of the session, it fluctuated downward all the way, reaching a low of 17,115 yuan/mt. After a brief consolidation, it rebounded and rose, finally closing at 17,135 yuan/mt, down 65 yuan/mt, a decrease of 0.38%.
