SMM December 22 news:
Overnight, LME lead opened at $1,965.5/mt, fluctuated upward during the Asian session. Entering the European session, it initially fell then rose, touching a high of $1,990/mt, before dropping back slightly just before the close, and finally settled at $1,984.5/mt, up $24.5/mt, an increase of 1.25%.
Overnight, the most-traded SHFE lead contract opened at 16,970 yuan/mt, touched a high of 17,030 yuan/mt at the beginning of the session, then fluctuated downward, explored a low of 16,890 yuan/mt before rebounding to make up gains, moved sideways around the 17,000 yuan/mt level, and finally settled at 17,005 yuan/mt, up 155 yuan/mt, an increase of 0.92%.
