SMM Shanghai and other #1 Lead Markets Midday Review: SHFE Lead Strong, Spot Market Transactions Differ Greatly. On September 18th, SMM reported that the market price of Chihong Lead in Shanghai was 17190-17220 yuan/ton, with a discount of 30-0 yuan/ton to SHFE Lead 2310 contract; the market price of Jinjin, Wanyang and Jiangtong Lead in Jiangsu and Zhejiang was 17190-17220 yuan/ton, with a discount of 30-0 yuan/ton to SHFE Lead 2310 contract. SHFE Lead continued to be strong, holders held firm and shipped goods, and due to the slightly more circulation of goods after delivery, some quotations turned to discount.
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