SMM July 30th: Shanghai market South lead 15780 yuan / ton, 50 yuan / ton for Shanghai lead 2008 contract; Jiangsu and Zhejiang market, South lead 15780-15800 yuan / ton, 50-70 yuan / ton for Shanghai lead 2008 contract. Lead futures continued strong momentum, the holder price delivery, quotation flat to maintain stability, while the downstream fear of high wait-and-see, less inquiry, bulk market transaction activity decreased significantly.
![SHFE and LME Lead Prices Weakened in Tandem, Futures Slightly Lower with a Minor Decline [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)
![Non-Ferrous Metals Under Pressure Overall, Shanghai and LME Lead Prices Weakened in Tandem [SMM Lead Morning Meeting Minutes]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
![SHFE Lead 2606 Contract Dipped Slightly Before Rebounding, Returning to Intraday Opening Price by Close [Brief Comment on SHFE Lead]](https://imgqn.smm.cn/usercenter/rDPju20251217171722.jpg)