SMM Shanghai and Other 1# Lead Markets: Divergence Between Futures and Spot Trends, Spot Lead Transactions See Wider Discounts
SMM, February 10: Few quotes were observed in the Shanghai market; in Jiangsu and Zhejiang regions, JCC and Jijin lead were quoted at 17,105-17,140 yuan/mt, with discounts of 20-0 yuan/mt against the SHFE lead 2502 contract or on par with the SHFE lead 2503 contract. SHFE lead continued to consolidate at high levels, with suppliers selling at prevailing prices, and some discounts widened WoW...


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