SHANGHAI, Mar. 15 (SMM) – LME lead will range between USD 2,200-2,260/mt today and SHFE 1704 lead will move at RMB 17,850-18,200/mt.
In China’s domestic market, cargo holders will sell actively, while downstream buyers will purchase as needed. Spot lead should trade at RMB 17,950-18,100/mt.
![LME Lead Rose Steadily Overnight, SHFE Lead Closed Slightly Higher [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/msNEk20251217171722.jpg)
![Primary-Secondary Lead Price Spread Inverted, Spot Order Procurement Favored Primary Lead [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/guTSZ20251217171722.jpg)

