SHFE Lead Consolidates at High Levels, Spot Market Trading Shows Slight Increase

[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Consolidates at High Levels, Spot Market Trading Slightly Active]

SMM reported on December 9: In the Shanghai market, Chihong lead was quoted at 17,595 yuan/mt, on par with the SHFE lead 2412 contract; Honglu lead was quoted at 17,550-17,600 yuan/mt, with a discount of 50-30 yuan/mt against the SHFE lead 2501 contract; In the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,550-17,600 yuan/mt, with a discount of 50-30 yuan/mt against the SHFE lead 2501 contract. SHFE lead was consolidating at high levels, suppliers were selling along with the market trend, and quotes maintained a small discount...