【SMM Shanghai and Other 1# Lead Markets: Lead Price Center Shifts Downward, Downstream Enterprises Cautious in Purchasing】
SMM, April 2: In the Shanghai market, Chihong and Honglu lead were quoted at 17,350-17,400 yuan/mt, with a premium of 20-50 yuan/mt against the SHFE lead 2505 contract. In the Jiangsu-Zhejiang region, JCC and Jinde lead were quoted at 17,330-17,350 yuan/mt, at parity with the SHFE lead 2505 contract. The center of SHFE lead prices further shifted downward, with suppliers standing firm on quotes, and some offers saw an increase in premiums...