Lead Prices Decline with Sluggish Spot Market Trading at Year-End

[SMM Shanghai and Other #1 Lead Markets: Lead Prices Fluctuate Downward, Spot Market Trading Remains Sluggish at Year-End]

SMM, December 25: In the Shanghai market, Honglu lead was quoted at 17,295-17,320 yuan/mt, with a premium of 0-10 yuan/mt against the SHFE lead 2501 contract. In the Jiangsu and Zhejiang regions, JCC and Jinde lead were quoted at 17,295-17,320 yuan/mt, with a premium of 0-10 yuan/mt against the SHFE lead 2501 contract. SHFE lead fluctuated downward, with limited market supply and few quotations from suppliers, while refinery cargoes self-picked up from production sites remained firmly priced...