"SMM Shanghai and other 1# lead market midday review: Shanghai lead twists and falls back, some traders intend to buy on dips.

SMM News on November 21: Chihong lead in the Shanghai market is priced at 16900 yuan/ton, with a flat water quotation for the Shanghai lead 2312 contract; Jijin and Jiangtong lead in the Jiangsu and Zhejiang markets are quoted at 16880-16900 yuan/ton, with a discount of 20-0 yuan/ton for the Shanghai lead 2312 contract. Shanghai lead has fallen sharply, with firm quotations from holders, and delivery brands' quotations for premium water remain unchanged, while some refinery pickup sources offer significant discounts..."