SMM, July 27th:
Guangdong market Nanhua lead 15100 yuan / ton, flat water quotation for SMM1# lead price; Minshan, Henan province, 15200 yuan / ton, for SMM1# lead price 100 yuan / ton; Shuikoushan, Hunan, 15150 yuan / ton, 50 yuan / ton for SMM1# lead price (trader); Jiangtong 15100 yuan / ton, flat water price for SMM1# lead. Yunnan small factory 14800 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Lead prices fluctuate upstream, market trading is still good, downstream on-demand procurement, refinery bulk supply is less.

![상하이선물거래소와 런던금속거래소 동반 약세, 횡보 국면 붕괴; 납 가격 압박 [SMM 납 모닝 미팅 요약]](https://imgqn.smm.cn/usercenter/PKFMX20251217171721.jpg)
![상하이거래소(SHFE)와 런던금속거래소(LME) 모두 볼린저 밴드 중간선을 하향 이탈; SHFE 납 0.53% 하락 마감, 16,000선으로 후퇴 [SMM 납 모닝 리포트]](https://imgqn.smm.cn/usercenter/yqTpQ20251217171721.jpeg)
