Shanghai Lead Market Displays Heightened Volatility Amid Regional Price Variations and Active Selling

[SMM Shanghai and Other 1# Lead Markets: Shanghai Lead Shows a Relatively Strong Volatility, with Obvious Regional Differences in Spot Market Transactions]

SMM News on October 14: The price of Honglu lead in the Shanghai market ranged from 16,640 to 16,670 yuan/ton, with a discount of 50-30 yuan/ton to the SHFE lead 2411 contract; in Jiangsu and Zhejiang regions, Jiangtong, Shangjing, and Mulun lead were quoted at 16,640-16,700 yuan/ton, with a discount of 50-0 yuan/ton to the SHFE lead 2411 contract. Shanghai lead exhibited a relatively strong volatility, with holders actively offering goods for sale. Some quotes saw an expanded discount compared to last week, while refineries...