Shanghai Lead Market Sees Upward Fluctuations Amid Steady Downstream Demand-Driven Purchases

[Shanghai Lead Spot Market: Shanghai Lead Prices Fluctuated Upwards While Downstream Enterprises Maintained Purchases Based on Demand]

SMM News on August 27: In the Shanghai market, Wanyang lead was quoted at 17,700-17,730 yuan/ton, with flat water quotes for Shanghai Lead 2409 contract; imported Wanyang lead was quoted at 17,600-17,630 yuan/ton, with a discount of 100 yuan/ton against Shanghai Lead 2409 contract; Tongguan lead in Jiangsu and Zhejiang regions was quoted at 17,700-17,730 yuan/ton, with flat water quotes for Shanghai Lead 2409 contract. Shanghai lead maintained a strong fluctuation, with traders offering prices according to market conditions. Imported lead continued to arrive, and the supply in the market was acceptable...