SHANGHAI, Aug. 14 (SMM) – During Asian trading hours, LME lead started at USD 1,737/mt. The People’s Bank of China said Thursday that there’s no basis for depreciation to persist and that it will step in to control large fluctuations. Therefore, LME lead soared to USD 1,760/mt but later fell to USD 1,724.5/mt, to end at USD 1,737.5/mt, slipping USD 2.5/mt. Trading volumes dropped 3,195 to 2,896 lots while positions grew 1,391 to 128,581. LME lead saw a decline of 1,275 mt to 203,975 mt in inventories.
LME lead should remain range-bound between USD 1,720-1,750/mt on Aug. 14. SHFE 1510 lead is predicted to range between RMB 13,250-13,350/mt and RMB 13,300-13,450/mt for spot lead.
![Les haussiers et les baissiers s’entremêlent alors que le zinc du SHFE poursuit sa consolidation à des niveaux élevés [Commentaire matinal SMM sur le zinc]](https://imgqn.smm.cn/usercenter/cirme20251217171754.jpg)
![La hausse du zinc au LME marque une pause : fin de la progression et début du repli [Compte rendu de la réunion matinale de SMM]](https://imgqn.smm.cn/usercenter/EviJV20251217171754.jpg)
![Les haussiers réduisent leurs positions, repli en séance du zinc SHFE [Commentaire éclair SMM sur les contrats à terme du zinc]](https://imgqn.smm.cn/usercenter/qdibi20251217171755.jpg)
