"SMM Shanghai and other primary lead market midday review: Lead price north-south price difference is nearly 300 yuan, downstream procurement is slightly better nearby.

SMM News on December 5th: Chihong lead in the Shanghai market is priced at 15630-15650 yuan/ton, with an increase of 0-20 yuan/ton for the Shanghai lead 2312 contract; Yuguang, Jijin, and Jiangtong lead in the Jiangsu and Zhejiang markets are priced at 15630-15640 yuan/ton, with an increase of 0-10 yuan/ton for the Shanghai lead 2312 contract. The lead price in Shanghai continues to be weak, and the quoted prices by merchants follow the market, with some adjusting their asking prices upwards. During this period, there is a significant difference in prices between the north and south as smelters provide raw materials."