[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Surged and Then Fell, Downstream Enterprises Generally Adopted a Wait-and-See Attitude]
SMM, November 28: In the Shanghai market, Chihong lead was quoted at 17,300-17,350 yuan/mt, on par with the SHFE lead 2412 contract; Honglu lead was quoted at 17,270-17,350 yuan/mt, with a discount of 30-0 yuan/mt against the SHFE lead 2412 contract; in the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,250-17,350 yuan/mt, with a discount of 50-0 yuan/mt against the SHFE lead 2412 contract. SHFE lead rose strongly, suppliers were active in selling, and the discount widened...
