SMM Lead Morning Comment
- Th06 12, 2024, at 9:59 am
Overnight, LME lead opened at $2,212.5/mt. Under the dual pressure of the strength of the US dollar and the gradual accumulation of lead inventory, LME lead continued its downward trend throughout the day. During the Asian session, influenced by the resilience of SHFE lead, LME lead managed to stay above $2,200/mt.
