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LME Lead Fluctuated Downward and Closed Lower, SHFE Lead Bottomed Out and Rebounded While Remaining in the Doldrums [SMM Lead Morning Brief]

LME Lead Fluctuated Downward and Closed Lower, SHFE Lead Bottomed Out and Rebounded While Remaining in the Doldrums [SMM Lead Morning Brief]

AI Briefing

  • LME lead prices fell to a 2-month low, while SHFE lead prices bottomed out and rebounded to start the day
  • LME lead prices continued their downward trend, while SHFE lead prices formed a bottom and began to recover
  • SHFE lead prices have been stuck in a trading range, with no significant movement in either direction
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