SHANGHAI, Jun. 7 (SMM) – On Wednesday, SHFE 1707 lead opened at RMB 16,485/mt and then advanced to RMB 16,515/mt briefly with entering of large amounts of longs. The contract later dipped to RMB 16,380/mt and rallied to RMB 16,540/mt thanks to positions opening by longs. SHFE 1707 lead closed at RMB 16,480/mt, down RMB 125/mt or 0.75%. Trading volumes rose 8,264 to 86,514 lots and positions reduced 1,860 to 42,986.
The contract will fluctuate at the 5 and 60-day moving averages for a short term.
Lead Prices to Stay Firm on Positive Fundamentals, SMM Forecasts
![추석 및 국경절이 다가오면서, 2026년 납축전지 기업의 휴가 일정은 어떻게 되나요? [SMM 분석]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)
![폐배터리 재활용 업체들의 2026년 추석·국경절 연휴 기간 휴무 일정과 매입·판매 속도는 어떨까? [SMM 분석]](https://imgqn.smm.cn/usercenter/guTSZ20251217171722.jpg)
