【SMM midday comments on Shanghai and other No. 1 lead markets: Tight supply of lead spot, downstream waiting and watching due to high prices】

SMM News on July 5: In the Shanghai market, the price of Chihong lead is RMB 19,785-19,865 per ton, with a premium of RMB 50-100 per ton compared to the Shanghai lead 2408 contract; In Jiangsu and Zhejiang regions, the price of Jiangtong lead is RMB 19,785-19,865 per ton, with a premium of RMB 50-100 per ton compared to the Shanghai lead 2408 contract. Shanghai lead prices showed a strong fluctuation, and due to limited supply, holders generally quoted prices with a premium...