SMM7 March 31: electric lead plate (internalized) reported 17150-17350 yuan / ton, battery market demand is stable, and taking into account the follow-up peak season expectations, the production operating rate of large and medium-sized storage enterprises to 70-90%.

![Overnight SHFE and LME strengthened in tandem, SHFE lead 2611 contract closed up 0.74% [SMM Lead Morning Update]](https://imgqn.smm.cn/usercenter/EhsCj20251217171721.jpeg)
![SHFE lead remains strong & spot cargo supply is tight, lead prices consolidate on a strong note [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/rDPju20251217171722.jpg)
