SHANGHAI, May 10 (SMM) – LME lead will meet strong resistance and will move at USD 2,157-2,188/mt on Wednesday. SHFE 1706 lead climbed above RMB 16,000/mt on Tuesday’s night trading and will trade at RMB 15,950-16,250/mt on Wednesday.
In China’s domestic market, spot lead should rise RMB 25/mt and should trade at RMB 15,950-16,050/mt on Wednesday.
![Overseas Geopolitical Risks Escalate LME Lead Overall Center of Operation Shifts Downward [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/guTSZ20251217171722.jpg)
![Lead Ingot Destocking Boosts Lead Prices While Geopolitical Risks Persist [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/xVUpr20251217171722.jpg)
![[Analysis: With the End of Chinese New Year, How Will Primary Lead Enterprises' Production Fare in March?]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
