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SHANGHAI, May 20 (SMM) - The most active SHFE lead contract opened at $2289/mt last Friday and fluctuated upward to hit the highest price at $2307/mt, the highest in six months, before closing at $2302.5/mt, up 0.46%. Entering May, LME lead stocks have been declining, with a cumulative drop of nearly 50,000 tons, and a further drop of 4,600 tons on Friday last week. Last Friday, the SHFE 2407 lead contract opened at 18,730 yuan/ton. It closed at 18770 yuan/mt, an increase of 0.13%. Open interest stood at 85561 lots, a decrease of 449 lots from the previous trading day.

Overnight, LME lead opened at US$2137.5/ton. Amid the interest rate cut remarks by former Federal Reserve officials, the US dollar index continued to weaken, non-ferrous metal sectors generally rose, and LME lead also showed an upward trend throughout the day. During the European period, lead inventories continued to destock, and LME lead prices even climbed to $2,165/mt. The contract closed at $2162/mt, up 1.22%. The most active SHFE 2405 lead opened at 16640 yuan/mt and reached a high of 16715 yuan/mt, and finally closed at 16660 yuan/mt, up 0.54%. Open interest decreased 601 lots to 45549 lots. The 2406 contract may turn into the most active contract in the next few days.

Overnight, LME zinc prices opened at US$2,500/ton and dropped to a low of US$2,494/ton during European trading, finally closing at US$2,523/ton, up US$21.5/ton, or 0.86%. Trading volume decreased to 6211 lots, and open interest decreased by 6957 lots to 221,000 lots. LME zinc stocks increased by 3325 mt or 1.24% to 270525 mt overnight. It is reported that Volcan will stop production at its three mines in Peru from Tuesday for up to 30 days, with an estimated impact of about 8,000 tons. In addition, MBC Mining Company will resume the KZK zinc-lead-copper project, with an annual output of 235 million pounds of zinc. SHFE 2405 zinc opened at 21170 yuan/mt overnight and rose to a high of 21250 yuan/mt. The contract closed at 21195 yuan/mt, up 10 yuan/mt or 0.05%. Transaction volume decreased to 34936 lots, and open interest decreased by 307 lots to 103,000 lots. Fed interest rate cuts are still expected, and the weak supply and demand have not changed significantly yet. Zinc prices are consolidating at a low level.

SHANGHAI, Mar 21 (SMM) - Overnight, LME lead prices opened at US$2,096.5/ton. LME lead inventory surged by 67,300 tons to 267,000 tons, and LME lead prices plummeted to as low as US$2,062.5/ton, and finally closed at US$2,070/ton, a decrease of 1.19%. The most active SHFE 2405 lead contract prices opened at 16215 yuan/mt with the low-end of 16175 yuan/mt, and finally closed at 16175 yuan/mt, down 0.52%. Open interest decreased 723 lots to 53781 lots.

SHANGHAI, Mar 20 (SMM) - Overnight, LME lead prices opened at US$2,088/ton. LME lead inventory increased by 4,775 tons, approaching the 200,000 tons mark. At the same time, the U.S. dollar index continued to strengthen. Under dual pressure, LME lead prices fell to as low as US$2074/ton. The contract finally closed at $2095/mt, a rise of 0.36%. Overnight, the most active SHFE 2405 lead contract opened at 16260 yuan/mt. Due to the weaker trade, the prices lead dropped to a low of 16220 yuan/mt. The contract closed at 16260 yuan/mt, a gain of 0.12%. Open interest stood at 53125 lots, an increase of 1116 lots from the previous trading day.

LME lead opened at $2110/mt last Friday and fell by 0.38% to close at $2100/mt, after hitting the lowest point at $2095/mt and the highest point at $2139.5/mt. The most traded SHFE 2310 lead contract opened at 16205 yuan/mt and fell 0.31% to 16170 yuan/mt, after briefly hitting a high point at 16260 yuan/mt and the lowest point at 16145 yuan/mt.

SHANGHAI, Feb 26 (SMM) - LME lead prices opened at $2085/mt last Friday evening. Entering the European session lead stocks decreased, and LME lead rose to a high of $2101/mt. The contract closed at $2099.5/mt, a gain of 0.38%. The most active SHFE 2404 lead contract prices opened at 15845 yuan/mt with the high-end of 15900 yuan/mt, and finally closed at 15885 yuan/mt, down 0.06%. Open interest increased 1362 lots to 43474 lots.

LME lead open at $2117.5/mt and moved sideways during the Asian trading hours yesterday, declining to $2095/mt during the European trading hours. It finally dropped and closed at $2098.5/mt, down $18/mt or 0.85%. The most active SHFE 2403 lead contract prices opened at 16180 yuan/mt and touched 16265 yuan/mt before closing at 16205 yuan/mt, up 35 yuan/mt or 0.22%.

Overnight, LME lead opened at US$2,157.5/ton. Yesterday, LME lead stocks increased by more than 5,000 tons. LME lead fell to a low of US$2,139/ton, and finally closed at US$2,140.5/ton, a decrease of 0.99%. SHFE 2403 lead contract prices opened at 16245 yuan/mt last evening and finally closed at 16215 yuan/mt, up 0.22%. Open interest decreased 802 lots to 60020 lots.