SHFE Lead Fluctuates Upward with Mixed Premiums and Discounts in Shanghai and Other Markets

SMM Shanghai and Other 1# Lead Markets: SHFE Lead Fluctuates Upward, Spot Cargoes Mostly Offered at Discounts

SMM, March 4: In the Shanghai market, Chihong lead was quoted at 17,205-17,225 yuan/mt, with premiums of 0-20 yuan/mt against the SHFE lead 2503 contract. JCC lead was quoted at 17,185-17,235 yuan/mt, with discounts of 40-0 yuan/mt against the SHFE lead 2504 contract. In the Jiangsu and Zhejiang regions, Yuguang, Jijin, and JCC lead were quoted at 17,185-17,235 yuan/mt, with discounts of 40-0 yuan/mt against the SHFE lead 2503 contract. SHFE lead fluctuated upward, and suppliers' premiums and discounts showed no significant changes...