SMM March 26 News:
The SMM 1# lead average price increased by 25 yuan/mt to 17,300 yuan/mt today. Suppliers of secondary refined lead followed the market trend, with mainstream supplies at a discount of 50-0 yuan/mt against the SMM 1# lead average price ex-factory. The larger discount was still in Hunan region, at a discount of 150 yuan/mt against the average price. Downstream battery producers were cautious about high prices and reluctant to purchase. Some smelters reported that downstream inquiries were not active, making transactions difficult.
![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)
