SMM, 22 Oct:
Guangdong market South China lead 16875 yuan / ton, the average price of SMM1# lead flat quotation; southern storage south 16850 yuan / ton, 1911 contract discount 60 yuan / ton; lead price shock downward, recycled primary price difference maintained at 500-600 yuan / ton, downstream is still preferred to buy recycled refined lead, primary lead market trading has been squeezed.
Henan Yuguang, Wanyang and other smelters are mainly long single transactions, Jinli 16725-16775 yuan / ton, the average price of SMM1# lead discount 100-150 yuan / ton quotation. Lead prices are weak, holders actively ship, affected by the impact of recycled lead prices, the primary market transactions are bleak.
Other areas such as: Hunan Shuikoushan 16825-16845 yuan / ton, the average price of SMM1# lead discount 50 to 30 yuan / ton quotation (traders); Jiangxi copper industry 16875 yuan / ton, the average price of SMM1# lead flat quotation; Yunnan Zhenxing 16575 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Lead price shock downward, downstream consumption is light, the overall transaction is in the doldrums.
![LME : le plomb réduit ses pertes et le plomb SHFE maintient sa borne inférieure en séance de nuit, les prix du plomb se consolident sur une note faible [Point matinal SMM sur le plomb]](https://imgqn.smm.cn/usercenter/ojSqv20251217171720.jpeg)
![Le stockage en aval commence lors des replis ; les prix du plomb se consolident à des niveaux bas dans un contexte de faiblesse [Résumé de la réunion matinale SMM sur le plomb]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)

