LME lead opened at $2,125/mt on Monday. High stocks and strong US dollar index kept bringing LME lead down. LME lead further dropped to a low of $2,085/mt due to a 4,425 mt increase of LME lead stocks on that day and expected US dollar interest rate cut, and finally closed down $2.04/mt at $2,087.5/mt.
Overnight, the most-traded SHFE 2405 lead contract opened at 16,265 yuan/mt, and hiked to 16,325 yuan/mt amid expected maintenance of delivery brands, but dipped to 16,225-16,250 yuan/mt due to severe inventory backlogs and more short positions, and finally closed down 0.22% at 16,220 yuan/mt. Open interest was up 922 lots to 49,263 lots.
![El plomo en la LME bajo presión retrocedió un 0,86%, el plomo en la SHFE siguió a la baja en la sesión nocturna, manteniéndose en la banda media de Bollinger [SMM Noticias matutinas del plomo]](https://imgqn.smm.cn/usercenter/xVUpr20251217171722.jpg)
![SHFE y LME corrigen a la par, los precios del plomo se consolidan en máximos en medio del desstockeo y precios firmes [Minutas de la reunión matutina sobre plomo de SMM]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)
