Published: Nov 8, 2023 12:06
"SMM Shanghai and other #1 Lead Market Noon Review: Shanghai Lead Running Center Moving Downward, Spot Market Transactions Still Low. On November 8th, SMM reported that the Shanghai market was at 16550-16560 yuan/ton for Chihong Lead, with a discount of 10-0 yuan/ton for the Shanghai Lead 2311 contract; the Jiangsu and Zhejiang market was at 16540-16590 yuan/ton, with a discount of 20 yuan/ton to 30 yuan/ton for the Shanghai Lead 2311 contract. The center of gravity of Shanghai Lead is gradually moving downward, and some holders are offering discounts, but the market circulation source is still available..."

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
"SMM Shanghai and other #1 Lead Market Noon Review: Shanghai Lead Runn - Shanghai Metals Market (SMM)