[SMM Shanghai and Other Lead Market Noon Review: Shanghai Lead Maintains High Volatility, Spot Market Trading Shows No Improvement]
SMM News on April 16: In the Shanghai market, Chi Hong and Honglu lead are priced at 16805-16885 yuan/ton, with a premium of 0-80 yuan/ton for Shanghai lead 2405 contract; in the Jiangsu and Zhejiang regions, Jiangtong and Jinde lead are priced at 16845-16865 yuan/ton, with a premium of 40-60 yuan/ton for Shanghai lead 2405 contract. Shanghai lead is trading at high levels of volatility, with limited circulating supply after delivery, and holding traders are quoting prices as they go along...
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