Shanghai Lead Market Rebounds Amid Limited Supply, Biased Towards Large Discount Deals

Publicado: Aug 16, 2024 12:11
[Shanghai Lead Spot: Shanghai Lead Rebounds with Fluctuations, and the Spot Market is Biased towards Large Discount Transactions] SMM August 16th news: Quotations in the Shanghai market are scarce; in Jiangsu and Zhejiang regions, Jiangxi Copper and Tongguan Lead are quoted at 17,730-17,800 yuan/ton, with a premium of 50-100 yuan/ton over the SHFE 2409 lead contract. Shanghai lead is fluctuating on the strong side. Due to the limited supply in the spot market after delivery, the number of warehouse receipt quotations from holders is low, while some smelting enterprises are actively shipping out goods, especially in the southern China market...

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[Shanghai Lead Spot: Shanghai Lead Rebounds with Fluctuations, and the - Shanghai Metals Market (SMM)