SHANGHAI, Jun. 25 (SMM) – Sellers in south China were eager to sell to raise cash. But processors continued watching from the sidelines due to tight cash and uncertainty over the price trend. This caused mainstream traded prices to fall to RMB 12,630-12,650/mt. Goods with invoice dated at June traded relatively higher at RMB 12,650/mt.
![The Most-Traded SHFE Lead 2604 Contract Formed a Doji, the Weak Supply-Demand Pattern Remained Unchanged, and It Was Likely to Maintain Sideways Movement in the Short Term [Brief Commentary on SHFE Lead]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)

![Geopolitical Risks Eased, Lead Prices Recovered the Previous Day’s Losses [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)
