SHANGHAI, May 2 (SMM) – On Tuesday, SHFE 1706 lead started at RMB 16,500/mt and then traced LME lead up to RMB 16,860/mt. The contract later rolled back gradually and closed at RMB 16,485/mt, up RMB 210/mt or 1.29%. Trading volumes fell 388,550 to 38,988 lots and positions dropped 372 to 48,396.
Upward strength of SHFE 1706 lead will be restricted by sluggish trading in spot market for the near term.
![간밤에 매도 세력이 포지션을 확대하면서 납 선물이 하락 마감했습니다. 거시 경제 심리는 여전히 납 가격에 영향을 미치는 요인 중 하나입니다. [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
![납축전지 시장 소비 비수기 그대로, 납 가격 하락 압박 [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
