Published: Oct 10, 2023 12:22
SMM Shanghai and other #1 Lead Markets Noon Comment: SHFE Lead Reverses Downward, Spot Market Transaction Activity Slightly Improved. On October 10th, SMM reported that the price of Chihong Lead in Shanghai market was 16555-16575 yuan/ton, with a premium of 0-20 yuan/ton over SHFE 2310 lead contract; the price of Jinjin and Jiangtong Lead in Jiangsu and Zhejiang market was 16555 yuan/ton, with a flat price over SHFE 2310 lead contract. SHFE lead fluctuated and reversed downward, with holders slightly less willing to sell, and the offer price slightly narrower than yesterday, during which the smelters......

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