SHANGHAI, Mar. 8 (SMM) – Eyes should be on US’s February ADP employment on Wednesday. LME lead is expected to trade at USD 2,200-2,250/mt and SHFE 1704 lead will move between RMB 17,500-18,200/mt.
In China’s domestic market, downstream battery producers take wait-and-see stance. Spot lead should drop RMB 150/mt and trade at RMB 18,050-18,150/mt on Wednesday.
![Secondary Lead Raw Material Recycling Diverged, Secondary Crude Lead Supply Tightened and Prices Are Expected to Remain Firm in the Future [SMM Scrap Battery & Secondary Crude Lead Weekly Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![Downstream Enterprises Bought the Dip, and Primary Lead Enterprise Plant Inventory Continued to Decline [SMM Weekly Review of Primary Lead Inventory]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
![SHFE Lead Closed Slightly Higher Intraday, Lead Prices Remained Volatile Amid the Tug-of-War Between Sellers and Buyers [Brief Commentary on Lead Futures]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)
