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Lead Prices Spike Upstream, Downstream Enterprises Stick to On-Demand Purchasing: SMM Report

Published: Sep 20, 2024 12:01
[SMM Shanghai and Other 1# Lead Markets: Lead Prices Surge Upstream, Downstream Enterprises Maintain On-Demand Purchasing] SMM News on September 20: In the Shanghai market, Chihong lead is quoted at 16,685-16,740 yuan/ton, with a premium of 50 yuan/ton over the SHFE 2410 contract; in Jiangsu and Zhejiang regions, Jiangtong lead is quoted at 16,636-16,710 yuan/ton, with a premium of 0-20 yuan/ton over the SHFE 2410 contract. As SHFE lead prices surge, many holders are actively shipping their goods, and the quoted price premiums and discounts have changed little from yesterday. Meanwhile, the supply of electrolytic lead from smelters...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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[SMM Shanghai and Other 1# Lead Markets: Lead Prices Surge Upstream, D - Shanghai Metals Market (SMM)