【SMM Shanghai and Other 1# Lead Market Midday Review: Lead Prices Rose Sharply, Downstream Enterprises Watched Cautiously】

SMM June 17 News: There were few quotations in the Shanghai market; the lead prices in Jiangsu and Zhejiang regions reported by Jijin and Jiangtong were 18,815-18,850 yuan/ton, with a premium of 30-50 yuan/ton against the Shanghai lead 2407 contract. The domestic supply contradictions in scrap and other materials intensified, which led to production cuts in ingot production. The Shanghai lead prices rose sharply, and the suppliers sold their stocks along with the price. Today was also the delivery day of the Shanghai lead 2406 contract...