SMM March 14 News:
Today, the SMM 1# lead average price rose by 25 yuan/mt from the previous day to 17,300 yuan/mt. Secondary refined lead suppliers, due to poor transactions, expanded ex-factory discounts, with mainstream supplies quoted at a discount of 100-50 yuan/mt to the SMM 1# lead price, while the absolute price remained basically flat compared to the previous day. Today's ex-factory quotes for tax-free refined lead in the market were at 16,250-16,300 yuan/mt. Some downstream battery producers intended to restock on a need basis, but they were still waiting for a price drop due to lead prices fluctuating at highs. Secondary lead smelters reported poor transactions today.

![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)
![상하이선물거래소와 LME 동반 조정, 재고 감소와 가격 강세 속 연 가격 고점 횡보 [SMM 연 아침 회의 요약]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)
