**【SMM Shanghai and Other 1# Lead Markets: Shanghai Lead Opens High but Closes Low; Downstream Enterprises Adopt a Wait-and-See Approach with Cautious Purchasing】**
SMM November 5 Report: In the Shanghai market, Chimhong lead is priced at RMB 16,725-16,745 per tonne, with a premium of RMB 0-20 per tonne to SHFE Lead contract 2411 or a discount of RMB 50 per tonne to SHFE Lead contract 2412. In Jiangsu and Zhejiang regions, Tongguan, Jiangxi Copper, Jinde, Shangjing, and Mulun lead are quoted at RMB 16,675-16,695 per tonne, with a discount of RMB 50-30 per tonne to SHFE Lead contract 2411. Shanghai lead lacks upward momentum, showing a trend of opening high but closing low.....

![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)
