Lead Prices Remain High, But Transactions Show Limited Improvement

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Hover at Highs, Transactions Show No Significant Improvement]

SMM, February 7: Few quotations were seen in the Shanghai market; in Jiangsu and Zhejiang regions, JCC and Jijin lead were quoted at 17,080-17,180 yuan/mt, with a discount of 30-0 yuan/mt against the SHFE lead 2502 contract or a premium of 0-30 yuan/mt against the SHFE lead 2503 contract. SHFE lead hovered at highs, suppliers actively shipped goods, and premiums in quotations were lowered, while ex-factory premiums from smelters were also reduced...