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Although lead is not included into the metal reserves list of CSRB, the pull-up of other metal prices and the improved market sentiment boosted the lead market; in addition, December is the traditional peak season for lead-acid batteries, leading better lead consumption than other metals. Domestic lead prices fluctuated strongly around RMB 10,000/mt, the substantial progress of zinc or aluminum reserves will certainly have an indirect effect on the upward trend of lead prices, even if there is no measures to be involved in the lead supply and demand fundamentals during the same period.
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