SHANGHAI, May 8 (SMM) – On Monday, SHFE 1706 lead started at RMB 16,120/mt and then plunged to RMB 15,805/mt. Later, the contract rallied to RMB 16,080/mt at the tail of trading with shorts taking profits, and closed at RMB 16,050/mt, up RMB 30/mt or 0.19%. Positions increased 406 to 49,714 and trading volumes rose 15,768 to 74,984 lots.
SHFE 1706 lead, weighed by the moving averages, will remain weak for the near term.

![Durante o período de feriado na China, o chumbo na LME continuou a se consolidar dentro de um intervalo [Atualização Matinal de Chumbo da SMM]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)
![Baixo estoque de lingotes de chumbo antes do feriado e negociações fracas; espera-se que os preços do chumbo se consolidem em tom moderado [Resumo da reunião matinal de chumbo da SMM]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
