SHANGHAI, Mar. 15 (SMM) – SHFE 1705 lead opened at RMB 17,960/mt today, and then stabilized RMB 18,100/mt. In the afternoon, SHFE 1705 lead fell to RMB 17,940/mt and closed at RMB 18,055/mt, down RMB 70/mt or 0.39%.
Trading volumes on SHFE 1705 lead increased 20,054 to 64,710, and positions increased 936 to 30,202. SHFE 1703 lead closed at RMB 17,850/mt, with settlement price of RMB 17,865/mt. Trading volumes decreased 200 to 790, and positions fell 400 to 9,050.

![SHFE Lead Prices Lacked Upward Momentum, and the Pattern of Doldrums Was Difficult to Change [Lead Futures Brief Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![LME Lead Rebounded Strongly After Hitting Bottom; SHFE Lead Opened Higher With a Gap, Came Under Pressure, and Pulled Back [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
