Published: Oct 23, 2023 11:51
SMM Shanghai and other #1 Lead Markets Midday Review: SHFE Lead Maintains High Volatility, Spot Market Trading with Discounts Increasing. On October 23rd, SMM reported that the price of Chihong Lead in Shanghai market was 16565-16575 yuan/ton, with a 20-30 yuan/ton premium for SHFE Lead 2311 contract; the price of Jijin and Jiangtong Lead in Jiangsu and Zhejiang market was 16515-16565 yuan/ton, with a 30 yuan/ton discount to SHFE Lead 2311 contract to a 20 yuan/ton premium. SHFE Lead maintained high volatility, coupled with increased circulation of spot market sources, some holders lowered their quotes with premiums increasing.

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SMM Shanghai and other #1 Lead Markets Midday Review: SHFE Lead Mainta - Shanghai Metals Market (SMM)