SHFE Lead Prices Surpass 17,500 Yuan/mt, Boosting Suppliers' Willingness to Deliver

SMM Shanghai and Other 1# Lead Markets: SHFE Lead Surpassed 17,500 Yuan/mt, Suppliers' Willingness to Transfer to Delivery Warehouse Increased

SMM, March 7: In the Shanghai market, Chihong lead was quoted at 17,465-17,530 yuan/mt, with a premium of 30-70 yuan/mt against the SHFE lead 2503 contract. Honglu lead was quoted at 17,480-17,500 yuan/mt, on par with the SHFE lead 2504 contract. In the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,440-17,500 yuan/mt, with a discount of 40-0 yuan/mt against the SHFE lead 2504 contract. The center of SHFE lead prices moved upward, and some suppliers were waiting for delivery, mostly standing firm on quotes for sales...