Published: Oct 25, 2023 11:56
SMM Shanghai and other 1# lead markets noon comment: Shanghai lead market presents consolidation trend, spot market discount increases but transaction weak. SMM October 25th: Shanghai market Chihong lead 16430-16450 yuan/ton, discount 20-0 yuan/ton for Shanghai lead 2311 contract; Jiangsu-Zhejiang market Jijin, Jiangtong lead 16420-16470 yuan/ton, discount 30 yuan/ton to premium 20 yuan/ton for Shanghai lead 2311 contract. Shanghai lead maintains consolidation trend, holders follow to deliver goods, and due to loose circulation source, Jiangsu-Zhejiang-Shanghai warehouse single goods...

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