SMM October 30: Shanghai market Jinsha lead 16705 yuan / ton, to the 1911 contract discount 20 yuan / ton quotation; southern, Mu Ron lead 16695-16705 yuan / ton, the 1911 contract discount 30-20 yuan / ton quotation, of which white goods can be discounted 50-40 yuan / ton. Lead exploration low rebounded, the general enthusiasm of shippers, to maintain small discount shipment, while recycled lead is still deep sticking water shipment, downstream demand is limited, bulk market transactions are weak.

"Click to view SMM's exclusive historical price data

![US dollar index pressure sends LME lead to near two-week low [SMM lead morning update]](https://imgqn.smm.cn/usercenter/msNEk20251217171722.jpg)
![Fundamentals show a backwardation structure, and lead prices will consolidate in the short term [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)
