SMM, 15 May:
The mainstream offer for reducing lead in Guizhou today is 12200-12350 yuan / ton. A refinery today does not contain tax recycled refined lead 12700 yuan / ton out of the factory, recycled lead market trading in general.
The mainstream quotation for lead reduction in Henan today is 12200 RMB12350 per ton. A refinery today reduced lead excluding tax quotation at 12450 yuan / ton to the factory, the market supply is scarce.
Hebei region today reduced lead mainstream quotation at 12250-12350 yuan / ton. A refinery today does not include tax reduction lead quotation at 12450 yuan / ton to the factory, does not include tax recycled lead quotation at 12750 yuan / ton factory.
The mainstream offer for reducing lead in Anhui today is 12200-12350 yuan / ton. A refinery today recycled refined lead does not contain tax 12730 yuan / ton, reduced lead does not contain tax 12400 to the factory, including tax on SMM1# lead discount to the factory.

![SHFE Lead Prices Lacked Upward Momentum, and the Pattern of Doldrums Was Difficult to Change [Lead Futures Brief Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![LME Lead Rebounded Strongly After Hitting Bottom; SHFE Lead Opened Higher With a Gap, Came Under Pressure, and Pulled Back [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
