**Shanghai Lead Prices Peak Then Decline, Spot Market Shows Strong Wait-and-See Attitude**
SMM Report on November 14: In the Shanghai market, Honglu lead was priced at RMB 16,985-17,015 per tonne, with quotes of a discount of RMB 30-0 per tonne against the SHFE Lead 2412 contract; in the Jiangsu and Zhejiang regions, Tongguan and Jiangtong lead were reported at RMB 16,985-17,015 per tonne, also with quotes of a discount of RMB 30-0 per tonne against the SHFE Lead 2412 contract. After peaking, Shanghai lead prices fell, reversing yesterday's strong momentum, and holders began to sell as prices moved.....
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