Lead Prices Strengthen in Shanghai and Other Markets, Suppliers Firming Quotes

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Continue to Strengthen, Suppliers' Sentiment to Stand Firm on Quotes Intensifies]

SMM, March 6: In the Shanghai market, Chihong lead was quoted at 17,340-17,390 yuan/mt, with a premium of 0-50 yuan/mt against the SHFE lead 2503 contract; Honglu lead was quoted at 17,370-17,385 yuan/mt, on par with the SHFE lead 2504 contract. In the Jiangsu and Zhejiang regions, Yuguang, Tongguan, and JCC lead were quoted at 17,330-17,385 yuan/mt, with a discount of 40-0 yuan/mt against the SHFE lead 2504 contract. SHFE lead fluctuated upward, and suppliers were active in offloading goods, with some showing intentions to transfer to delivery warehouses...