SHFE Lead Prices Fluctuate Upward, Spot Trades Discounted in Shanghai and Neighboring Markets

[SMM Shanghai and Other #1 Lead Markets: SHFE Lead Fluctuates Upward, Spot Trades Mostly at Significant Discounts]

SMM, February 21: In the Shanghai market, Honglu lead was quoted at 17,105-17,130 yuan/mt, on par with the SHFE lead 2503 contract. In Jiangsu and Zhejiang regions, JCC and Jijin lead were quoted at 17,085-17,130 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2503 contract. SHFE lead fluctuated upward, and the suppliers' premiums and discounts showed relatively small differences, while smelters' ex-factory prices...