SHANGHAI, Dec. 23 (SMM) – Attention should be on US’s new home sales in November on Friday. LME lead will move between USD 2,050-2,150/mt on Friday and SHFE 1702 lead will range between RMB 18,000-18,800/mt.
In China’s domestic market, supply and demand were both quiet. Upstream and downstream have low purchase interest at the end of year. Spot lead should rise RMB 100/mt to RMB 18,450-18,550/mt on Friday.
![Holiday Approaching, Demand Mediocre, Lead Prices Under Overall Pressure [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/rDPju20251217171722.jpg)
![LME Lead Retreated from Highs Overnight, the Most-Traded SHFE Lead 2606 Contract Was Under Pressure [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/guTSZ20251217171722.jpg)
![Simultaneous Lead Ingot Destocking in and outside China Supported Intraday Lead Prices to Edge Up [Lead Futures Brief]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)
