"SMM Shanghai and other 1# lead market midday review: Lead prices remain weak, downstream enterprises mainly make just-in-time purchases.
SMM News on December 1: Chihong lead in the Shanghai market is 15765 yuan/ton, with a flat price for the Shanghai lead 2312 contract; Jijin and Jiangxi Copper lead in the Jiangsu and Zhejiang markets are also 15765 yuan/ton, with a flat price for the Shanghai lead 2312 contract. The weak trend in Shanghai lead persists, with holders quoting prices. Some primary lead smelters completed inventory clearance at the end of the month, and their quotes turned to premiums (relative to SMM 1# lead average price), while there are significant differences in shipments from recycled lead smelters..."

![Шанхайская биржа: свинец снизился на 0,03% с длинной верхней тенью, консолидация на максимумах сохраняется [Краткий комментарий по фьючерсам на свинец]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)

