SMM October 21: today's electric lead plate (internalized) reported 18650-18850 yuan / ton, storage battery market terminal consumption weakening, dealer procurement cautious, some storage enterprises in order to avoid cumulative inventory, tighten the operating rate of the production line, raw materials is also reduced procurement.

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![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)

