SHANGHAIM, Jun. 28 (SMM) – LME lead will keep rising on Wednesday with price range at USD 2,250-2,285/mt. SHFE 1708 lead, lacking of upward strength, will drop slightly on Wednesday with price range at RMB 17,200-17,500/mt.
In China’s domestic market, spot lead should trade at RMB 17,600-17,700/mt on Wednesday.
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![LME Lead Bottomed Out, While SHFE Lead Retreated After Rapid Rise and Consolidated [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/EhsCj20251217171721.jpeg)
![Tight Warehouse Supply in Jiangsu, Zhejiang, and Shanghai, Stronger Support From Firm Spot Price Offers [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/yqTpQ20251217171721.jpeg)

