SHANGHAI, Jan. 25 (SMM) – On January 25, spot lead prices in China rose along with increasing SHFE lead prices. Quotations for Chihong Zn & Ge were at RMB 14,850/mt, with spot discounts of RMB 430/mt over the most active SHFE lead contract price. Ex-works prices offered by smelters were buoyed by higher SHFE lead prices, but transactions were sparse as buyers mainly made inquiries. Hanjiang and Shenqian were quoted at RMB 14,730/mt and RMB 14,700/mt, respectively. Downstream buyers bought goods cautiously due to high prices, leaving trading modest.