Lead Prices Surge Amid Sluggish Spot Trading in Shanghai and Other Major Markets

Published: Jan 17, 2025 11:55

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[SMM Shanghai and Other #1 Lead Market: Lead Prices Surge While Spot Trading Becomes Increasingly Sluggish]

SMM, January 17: Few quotations were seen in the Shanghai market; in Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 16,730-16,830 yuan/mt, with a premium of 20-80 yuan/mt against the SHFE lead 2502 contract. Driven by favourable macro news, base metals generally rose, and SHFE lead fluctuated upward...

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