[SMM Analysis: Reviewing the Supply-Demand Pattern of the Past Five Years, 2025 Could Be a "Match Point" Year for Long-Term Contract Negotiations]
SMM, November 21: As November begins, following traditional practices, upstream and downstream enterprises in the lead industry chain are successively initiating long-term contract negotiations for lead concentrate and lead ingots for 2025. Compared to the long-term contract negotiations in previous years, the market generally believes that the 2025 negotiations will be another challenging year...


![LME 납 가격 하락 압력 속 0.86% 하락, 상하이 선물 거래소 야간장 동반 하락하며 볼린저 중간선 유지 [SMM 납 모닝 뉴스]](https://imgqn.smm.cn/usercenter/xVUpr20251217171722.jpg)
