LME lead prices fell to a two-week low [SMM lead morning comments]
- Mar 20, 2024, at 9:59 am
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%.