[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Plunged Intraday, Strong Wait-and-See Sentiment Among Upstream and Downstream Enterprises]
SMM, February 19: In the Shanghai market, Honglu lead was quoted at 16,975-17,025 yuan/mt, on par with the SHFE lead 2503 contract; in Jiangsu and Zhejiang regions, JCC and Jijin lead were quoted at 16,955-17,025 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2503 contract. SHFE lead remained range-bound in the morning but plunged sharply towards the end of the first trading session...


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