SMM May 20: Shanghai Changchi Hongji lead 14340 Mel 14360 yuan / ton, 280Mel 300 yuan / ton for Shanghai lead 2006 contract, 14260 yuan / ton for southern lead 14240Mel 14260 yuan / ton, and 180mur200 yuan / ton for Shanghai lead 2006 contract. Lead consolidation to maintain the trend, and with the smelter supply discount narrowed, some traders are also raised warehouse receipt prices, while the lower reaches only just need to purchase, the bulk market transactions in general.
"2020 (15th) lead and Zinc Summit"

Contact us at the meeting:
Cao Juanjuan (lead): 021mur5159Muth5790lap135mur6472mur8530
Mailbox: caojuanjuan@ly10000.com
Zhang Maomao (Zinc): 021mur5159Muth5845Mao183Muth2126Mei9197
Mailbox: zhangmaomao@smm.cn
![Before the holiday, SHFE lead closed slightly lower. Under the supply-demand weakness pattern, attention should be paid to the implementation of production resumptions at smelters [Lead Brief Comment]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)
![Weekly Review of Lead Futures Prices (June 15-18, 2026) [SMM Lead Weekly Review]](https://imgqn.smm.cn/usercenter/yqTpQ20251217171721.jpeg)
![Lead Concentrates Market Weekly Review (June 15, 2026 – June 18, 2026) [SMM Lead Concentrates Weekly Review]](https://imgqn.smm.cn/usercenter/rDPju20251217171722.jpg)
