SMM Shanghai and other 1# lead market midday review: Shanghai lead maintained a slight strong fluctuation, spot market has scarce supply and high premiums.
SMM News on January 22: Chihong lead in the Shanghai market is quoted at 16,485-16,505 yuan/ton, with a premium of 10-30 yuan/ton for the Shanghai lead 2402 contract; Jinde lead in the Jiangsu and Zhejiang market is quoted at 16,485-16,505 yuan/ton, with a premium of 10-30 yuan/ton for the Shanghai lead 2402 contract. Shanghai lead maintained a slight strong fluctuation, while the market's circulation of goods remained tight, and holders continued to support prices for sales, and a few primary lead smelters delivered goods...

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