SMM Shanghai and other 1# lead market noon review: gradually increasing supply of recycled lead, downstream enterprises have just need for diversion
SMM News on January 8: Chihong in the Shanghai market quoted at 16,140 yuan/ton, with a flat price for the Shanghai lead 2401 contract; Jiangxi Copper and Jijin lead in the Jiangsu and Zhejiang markets quoted at 16,140-16,150 yuan/ton, with a premium of 0-10 yuan/ton for the Shanghai lead 2401 contract or the Shanghai lead 2402 contract. Shanghai lead maintains a slightly strong fluctuation, with currently limited supply of primary lead and holders of goods standing firm on prices, while some smelters are still offering premiums...
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