SHFE Lead Rebounds, Suppliers Offer at Premium Amid Limited Inventory

[SMM Shanghai and Other 1# Lead Market: SHFE Lead Rebounded After Dipping, Suppliers Mostly Offered at Premium]

SMM, November 18: In the Shanghai market, Honglu lead was quoted at 16,675-16,755 yuan/mt, with a discount of 30-0 yuan/mt against the SHFE lead 2412 contract; in the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 16,675-16,755 yuan/mt, with a discount of 30-0 yuan/mt against the SHFE lead 2412 contract. SHFE lead rebounded after dipping, and suppliers adjusted their quotes accordingly. During this period, primary lead smelters had limited in-plant inventory and generally stood firm on quotes...