Shanghai Lead Markets Consolidate, Holders Expand Discounts to Boost Sales

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Maintain Consolidation, Some Holders Expand Discount to Sell]

SMM News on September 26: In the Shanghai market, Chihong lead was quoted at 16,700 yuan/ton, with a premium of 50 yuan/ton against the SHFE 2410 contract; Jijin lead was quoted at 16,650 yuan/ton, flat against the SHFE 2410 contract; Jiangtong lead in Jiangsu and Zhejiang regions was quoted at 16,650-16,670 yuan/ton, with a premium of 0-20 yuan/ton against the SHFE 2410 contract. SHFE lead maintained a consolidation trend, with holders' warehouse receipt quotes maintaining stable premiums and discounts, while the discounts for electrolytic lead refinery sources expanded...