Lead-Acid Battery Traditional Off-Season Is Expected to Arrive, Bulls Reduce Positions, SHFE Lead Closed Lower Overnight [SMM Lead Morning News]
- feb 24, 2025, at 8:01 am
[SMM Lead Morning Brief: Traditional Off-Season for Lead-Acid Batteries Expected, Bulls Reduce Positions, SHFE Lead Closed Lower Overnight]
SMM, February 24: Last Friday, LME lead opened at $2,000/mt, fluctuated downward during the Asian session; entering the European session, LME lead came under pressure and weakened to a low of $1,972.5/mt due to a stronger US dollar. By the end of the session, LME lead rebounded to a high of $2,011/mt as bears reduced positions...
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