SHFE Lead Hits Three-Month High as Suppliers Maintain Firm Quotes

[SMM Shanghai and Other 1# Lead Markets: SHFE Lead Continues to Strengthen, Suppliers Stand Firm on Quotes]

SMM, March 14: In the Shanghai market, Chihong lead was quoted at 17,650-17,715 yuan/mt, with a premium of 50 yuan/mt against the SHFE lead 2504 contract; in the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,550-17,590 yuan/mt, on par with the SHFE lead 2504 contract. SHFE lead continued to strengthen, hitting a new high in nearly three months. Market circulation of goods was limited, and suppliers stood firm on quotes...