Overseas Lead Inventory Declines Last Friday, Lead Prices Rise First and Then Fall [SMM Lead Morning Comment]
- Th06 03, 2024, at 10:00 am
Last Friday, LME lead opened at $2,274/mt, fluctuating around $2,285/mt during the Asian session. Entering the European session, due to continuous declines in LME lead inventory, LME lead rose to $2,313/mt in the evening, then fell back to a low of $2,253/mt, and finally closed at $2,273.5/mt, down 0.26%.
