[SMM Shanghai and Other 1# Lead Markets: Lead Prices Hover at Highs, Downstream Enterprises Cautious in Purchasing]
SMM, March 19: In the Shanghai market, Chihong lead was quoted at 17,625-17,690 yuan/mt, with a premium of 10-30 yuan/mt against the SHFE lead 2504 contract; in Jiangsu and Zhejiang regions, Tongguan, JCC, and Jinde lead were quoted at 17,615-17,660 yuan/mt, on par with the SHFE lead 2504 contract. SHFE lead hovered at highs, and market circulation of goods was limited, with suppliers standing firm on quotes...


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