Shanghai Lead Markets See Volatile Trading with Regional Premiums and Transaction Pick-up

【SMM Shanghai and Other Grade 1 Lead Markets: Shanghai Lead Exhibits Wide Range of Fluctuations, Regional Improvement in Spot Market Transactions】

SMM, September 19: In the Shanghai market, the price of Chihong lead ranged from 16,455 to 16,480 yuan/ton, with a premium of 50 yuan/ton over the Shanghai Lead 2410 contract. In Jiangsu and Zhejiang regions, Jiangtong lead was quoted at 16,425-16,460 yuan/ton, with a premium of 20-30 yuan/ton over the Shanghai Lead 2410 contract. Shanghai Lead exhibited a wide range of fluctuations, with prices dipping during the first half of the trading session, accompanied by a small volume of transactions, and then shifting upwards in the latter half...