[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Opens Strong After New Year's Day, While Spot Market Transactions Remain Sluggish]
SMM, January 2: In the Shanghai market, Chihong lead was quoted at 16,825-16,935 yuan/mt, with a premium of 50-100 yuan/mt against the SHFE lead 2502 contract. In the Jiangsu and Zhejiang regions, JCC and Jinde lead were quoted at 16,825-16,935 yuan/mt, with a premium of 50-100 yuan/mt against the SHFE lead 2502 contract. After the New Year's holiday pullback, SHFE lead opened strong, but due to limited circulating supply...



