Lead Prices Decline and Spot Market Remains Sluggish Before New Year's Day

[SMM Shanghai and Other #1 Lead Markets: Lead Prices Continued to Decline Before New Year's Day, Spot Market Trading Remained Sluggish]

SMM, December 31: In the Shanghai market, Chihong lead was quoted at 16,825-16,875 yuan/mt, with a premium of 100-150 yuan/mt against the SHFE lead 2502 contract; in the Jiangsu and Zhejiang regions, JCC lead was quoted at 16,750-16,825 yuan/mt, with a premium of 30-100 yuan/mt against the SHFE lead 2502 contract. Before New Year's Day, SHFE lead continued to fluctuate downward, while the market was dominated by a strong holiday atmosphere, leading to fewer quotations...