SMM Shanghai and other 1# lead market midday review: The suspension of production of recycled lead helps to boost lead prices, but the improvement in spot trading at the end of the year is limited.

SMM December 28th news: In the Shanghai market, Chihong quoted 15850-15870 yuan/ton, with a discount of 20-0 yuan/ton for the Shanghai lead 2401 contract; in the Jiangsu and Zhejiang markets, Jiangtong lead quoted 15870 yuan/ton, with no discount for the Shanghai lead 2401 contract. The limited production of recycled lead in the main producing areas due to haze has pushed Shanghai lead prices continuously higher. Although some holders temporarily have no shipments due to the year-end closing, the market circulation of goods is limited, while other holders are gradually recovering...