SHANGHAI, Aug. 14 (SMM) – On Monday, SHFE 1709 lead opened lower at RMB 18,980/mt and then fluctuated at RMB 18,950-19,025/mt. Later, the contract advanced to RMB 19,140/mt with entering of longs and ended at RMB 19,050/mt, up RMB 40/mt or 0.21%. Trading volumes fell 17,584 to 39,346 lots and positions dropped 1,506 to 30,156.
Watch Out for Decline in Lead Prices This Week, SMM Warns
SHFE 1709 lead will keep fluctuating at current level in a short term.
![Weekly Brief Review of the Lead Concentrates Market (March 9, 2026–March 13, 2026) [SMM Lead Concentrates Weekly Review]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)
![Ample Supply Circulated in the Refined Lead Spot Market, Suppliers Shipped to Delivery Warehouses and Transferred Inventory, with Sparse Transactions [SMM Weekly Review of the Refined Lead Spot Market]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![SMM Weekly Operating Rate of Primary Lead Smelters (March 6, 2026–March 12, 2026) [SMM Weekly Review of Primary Lead Operating Rates]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)
