【SMM Shanghai and Other 1# Lead Market Midday Review: Shanghai Lead Continues to Decline, Limited Improvement in Spot Market Transactions】

SMM November 22nd: Chihong lead in the Shanghai market is priced at 16730 yuan/ton, with a flat offer for the Shanghai lead 2312 contract; Jinli lead in Jiangsu and Zhejiang markets is priced at 16700-16730 yuan/ton, with a discount of 30-0 yuan/ton for the Shanghai lead 2312 contract. Shanghai lead continues to decline, with traders offering prices as they go, and spot prices are increasingly discounted. Refineries also maintain their delivery sources...