Lead Market Supply Tightens Amid Environmental Restrictions, SMM Reports

[SMM Shanghai and Other 1# Lead Markets: Environmental Protection Impact Reappears, Lead Market Circulating Supply Decreases]

SMM, December 17: In the Shanghai market, Honglu lead was quoted at 17,440-17,530 yuan/mt, with a discount of 10-0 yuan/mt against the SHFE lead 2501 contract; in Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,440-17,530 yuan/mt, with a discount of 10-0 yuan/mt against the SHFE lead 2501 contract. In Anhui province, production restrictions due to smog reoccurred, leading to regional supply tightening of lead ingots, pushing SHFE lead to strengthen amid fluctuations...