Lead Prices Remain Stable in Shanghai and Other 1# Markets, with Just-in-Time Procurement by Downstream Enterprises

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Remain Stable, Downstream Enterprises Generally Make Just-in-Time Procurement]

SMM reported on February 28: In the Shanghai market, Honglu lead was quoted at 17,145-17,170 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 17,145-17,170 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2503 contract. SHFE lead continued to fluctuate upward, and the differences in premiums and discounts quoted by suppliers were relatively small...