Shanghai Lead Market Quotations Scarce, Downstream Players Adopt Wait-and-See Approach Post Mid-Autumn Festival

[SMM Shanghai and Other 1# Lead Markets: Downstream Players Adopt a Wait-and-See Attitude on the First Trading Day After the Festival]

SMM September 18: Quotations in the Shanghai market are scarce; Jiangxi Copper Lead in Jiangsu and Zhejiang regions is quoted at 16,490-18,515 yuan/ton, with a premium of 20-30 yuan/ton over the Shanghai Lead 2410 contract. Today marks the first trading day after the Mid-Autumn Festival holiday, which is also the trading day for the Shanghai Lead 2409 contract. Holders are busy with delivery matters...