Shanghai Lead Markets See Prices Rise Amid Pre-Holiday Procurement, SHFE Lead Fluctuates Strongly

Published: Sep 13, 2024 12:13

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[SMM Shanghai and other No. 1 lead markets: lead prices continue to rise, and downstream procurement is carried out on demand before the holiday]

SMM News on September 12: In the Shanghai market, Jijin Lead is quoted at 16,770-16,780 yuan/ton, with a premium of 20-30 yuan/ton against the SHFE lead 2410 contract; in Jiangsu and Zhejiang regions, Jiangtong Lead is quoted at 16,770-16,780 yuan/ton, with a premium of 20-30 yuan/ton against the SHFE lead 2410 contract. SHFE lead continued to fluctuate on the strong side. The holders sold their goods as prices changed, and as the delivery approached, some holders waited for the delivery, warehouse receipt goods...

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