SHFE Lead Fluctuates at High Levels, Spot Market Trading Remains Moderate

[SMM Shanghai and Other #1 Lead Markets: SHFE Lead Fluctuates at High Levels, Spot Market Trading Remains Moderate]

SMM, February 25: In the Shanghai market, Honglu lead was quoted at 17,090-17,110 yuan/mt, with discounts of 20-0 yuan/mt against the SHFE lead 2503 contract. In the Jiangsu and Zhejiang regions, Yuguang, Jijin, and JCC lead were quoted at 17,090-17,110 yuan/mt, with discounts of 20-0 yuan/mt against the SHFE lead 2503 contract. SHFE lead continued to consolidate at high levels, and suppliers' premiums and discounts remained unchanged from the previous day...