Last Friday, LME lead opened at $2,035/mt. During the Asian session, it consolidated around the intraday moving average. Entering the European session, LME lead fluctuated upward and reached a high of $2,083.5/mt. Before the close, it slightly declined and closed at $2,076/mt, up $40.5/mt, an increase of 1.99%.
Last Friday night, the most-traded SHFE 2409 lead contract opened at 18,665 yuan/mt. It initially declined to a low of 18,485 yuan/mt. Subsequently, it was boosted by the strengthening of LME lead and climbed to a high of 18,745 yuan/mt. After a slight consolidation, it closed at 18,725 yuan/mt, down 50 yuan/mt, a decrease of 0.27%.
![SHFE Lead Rebounded Slightly After an Intraday Dip and Closed with a Small Bearish Candlestick [Lead Futures Brief Review]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
![LME Lead Bottomed Out, While SHFE Lead Retreated After Rapid Rise and Consolidated [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/EhsCj20251217171721.jpeg)
