SMM July 30th: Shanghai market South lead 15780 yuan / ton, 50 yuan / ton for Shanghai lead 2008 contract; Jiangsu and Zhejiang market, South lead 15780-15800 yuan / ton, 50-70 yuan / ton for Shanghai lead 2008 contract. Lead futures continued strong momentum, the holder price delivery, quotation flat to maintain stability, while the downstream fear of high wait-and-see, less inquiry, bulk market transaction activity decreased significantly.
![LME Outperforms SHFE in Lead Futures; Overnight SHFE Lead Opened Lower With a Gap [SMM Lead Morning Update]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)
![Routine Procurement Demand Rebounded on the Consumption Side, While Supply Increased and Decreased in Parallel; Lead Prices Maintained a Fluctuating Trend [SMM Lead Morning Meeting Minutes]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
![SHFE Lead 2608 Contract Achieved Smooth Delivery, SHFE Lead 2610 Contract Became the Most-Traded Contract [Lead Futures Brief Commentary]](https://imgqn.smm.cn/usercenter/msNEk20251217171722.jpg)
