SMM Reports: Price Inversion Between Recycled and Primary Lead Boosts Shanghai Lead Market Activity

**【SMM Shanghai and Other 1# Lead Markets: Price "Inversion" Between Recycled and Primary Lead Leads to Increased Market Activity】**

SMM October 30th news: In the Shanghai market, the price of Honglu lead ranged from 16,425 to 16,545 yuan/ton, with a discount of 100 to 50 yuan/ton against the Shanghai Lead 2411 contract. In Jiangsu and Zhejiang regions, the prices of Tongguan, Jiangtong, Jinde, Shangjing, and Mulun lead were reported at 16,475 to 16,565 yuan/ton, with a discount of 50 to 30 yuan/ton against the Shanghai Lead 2411 contract. Shanghai lead prices exhibited a volatile downward trend, prompting holders to actively sell their goods, resulting in a significant increase in quotations.....