Lead Prices Stay Robust, Spot Market Activity Shows Regional Variations

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Remain Strong, Spot Market Transactions Vary by Region]

SMM reported on November 27: In the Shanghai market, Chihong lead was quoted at 17,140-17,205 yuan/mt, with a premium of 0-20 yuan/mt against the SHFE lead 2412 contract; Honglu lead was quoted at 17,140-17,185 yuan/mt, on par with the SHFE lead 2412 contract; in the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,110-17,185 yuan/mt, with a discount of 30-0 yuan/mt against the SHFE lead 2412 contract. SHFE lead fluctuated upward, and due to limited circulating supply, suppliers still stood firm on quotes...