SHFE Lead Rebounds Amid Slightly Enhanced Spot Market Activities

[SMM Shanghai and Other #1 Lead Markets: SHFE Lead Rebounded with Slightly Improved Spot Market Activity]

SMM, January 6: In the Shanghai market, Chihong lead was quoted at 16,800-16,900 yuan/mt, with a premium of 80-100 yuan/mt against the SHFE lead 2502 contract; in the Jiangsu-Zhejiang region, JCC and Jinde lead were quoted at 16,770-16,880 yuan/mt, with a premium of 50-80 yuan/mt against the SHFE lead 2502 contract. SHFE lead fluctuated upward, and suppliers followed the market trend in selling, while the smog restrictions in Henan were lifted during this period...