Lead Prices Stagnant in Shanghai and Other Major Markets, Downstream Firms Adopt Need-Based Purchasing Strategy

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Remain Stagnant, Downstream Enterprises Mainly Purchasing as Needed]

SMM reported on February 27: In the Shanghai market, Honglu lead was quoted at 17,090-17,110 yuan/mt, with a discount 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 a discount of 20-0 yuan/mt against the SHFE lead 2503 contract. SHFE lead fluctuated at high levels, and suppliers were actively quoting to sell...