[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Fluctuates Upward, Spot Discounts Narrow Slightly in Some Cases]
SMM, March 10: In the Shanghai market, Chihong lead was quoted at 17,480-17,520 yuan/mt, with a premium of 0-50 yuan/mt against the SHFE lead 2504 contract; Honglu lead was quoted at 17,430-17,470 yuan/mt, on par with the SHFE lead 2504 contract. In the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,400-17,470 yuan/mt, with a discount of 30-0 yuan/mt against the SHFE lead 2504 contract. SHFE lead fluctuated upward, and suppliers adjusted their quotes based on market trends, with some waiting for delivery...
