Published: Oct 20, 2023 12:03
SMM Shanghai and other #1 Lead Markets Mid-day Review: SHFE Lead Continues Strong Trend, Spot Markets Mostly Turn to Discount Trading. On October 20th, SMM reported that the price of Chihong Lead in Shanghai was 16550-16570 yuan/ton, with a 20-40 yuan/ton premium for SHFE Lead 2311 contract; the price of Jinjin and Jiangtong Lead in Jiangsu and Zhejiang was 16500-16560 yuan/ton, with a 30 yuan/ton discount to SHFE Lead 2311 contract. SHFE Lead continued its strong trend, with holders following suit and offering discounts and premiums.

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