[SMM Shanghai and Other #1 Lead Market Afternoon Review: Shanghai Lead Drops to a Low and Then Rallies, Downstream Enterprises Wait and See with Less Purchases]

SMM June 6 News: Shanghai market Chenghong lead is priced at 18,995-19,035 yuan/ton, with a premium of 0-20 yuan/ton over Shanghai lead contract 2406; in Jiangsu and Zhejiang regions, Jijin, Jiangtong, and Tongguan lead are priced at 18,995-19,045 yuan/ton, with a premium of 0-30 yuan/ton over Shanghai lead contract 2406. Shanghai lead has rebounded from a low level, and some holders are willing to deliver to the warehouse with firm quotes. At the same time, the circulation of lead supply from refineries has decreased...