SHFE Lead Prices Surge, Suppliers Remain Bullish on Quotes

[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Surged Strongly, Some Suppliers Bullish and Standing Firm on Quotes for Sales]

SMM, March 5: In the Shanghai market, Chihong lead was quoted at 17,285-17,305 yuan/mt, with a premium of 0-20 yuan/mt against the SHFE lead 2503 contract; JCC lead was quoted at 17,290-17,310 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2504 contract. In the Jiangsu-Zhejiang region, Yuguang, Tongguan, and JCC lead were quoted at 17,245-17,310 yuan/mt, with a discount of 40-0 yuan/mt against the SHFE lead 2504 contract. Domestic policy favorable news fermented, SHFE lead fluctuated upward, and suppliers were active in sales...