SMM, 14 October:
Guangdong market South China lead 16900 yuan / ton, the average price of SMM1# lead rose 50 yuan / ton quotation; lead price high rapidly downward, the overall market procurement is still relatively low, the market transaction is dull.
Henan Yuguang, Wanyang and other smelters mainly to long single transaction; Jinli 16825 yuan / ton, the average price of SMM1# lead discount 25 yuan / ton quotation. Lead prices fell back, mainly downstream wait-and-see, market transactions continued last week light trend.
Other areas such as: Hunan Shuikoushan 16800-16850 yuan / ton, the average price of SMM1# lead discount 50 to flat water quotation (traders); Hunan Jingui 16700 yuan / ton, the average price of SMM1# lead discount 150 yuan / ton; Jiangxi copper industry 16870 yuan / ton, the average price of SMM1# lead rose 20 yuan / ton; Yunnan small factory 16500-16550 yuan / ton, the average price of SMM1# lead discount 300350 yuan / ton. Lead prices fell back, downstream worry about prices continue to probe, procurement is still more cautious, the overall transaction is light.
![LME Lead Edged Up 0.05% Overnight at the Close; SHFE Lead Maintained a Fluctuating Consolidation Trend [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/riosq20251217171722.jpg)
![Weak Supply-Demand Conditions Continued, and Overnight Lead Prices Saw Sideways Movement [SMM Lead Morning Meeting Minutes]](https://imgqn.smm.cn/usercenter/yqTpQ20251217171721.jpeg)
