SHFE Lead Fluctuates Upward Ahead of Chinese New Year, Spot Market Enters Holiday Mode

[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Maintained Fluctuate Upward, but the Spot Market Has Entered Holiday Mode]

SMM, January 27: Today marked the last trading day before the Chinese New Year. SHFE lead maintained a fluctuating upward trend, and the contracts showed a backwardation structure. Suppliers have largely stopped quoting...