SMM Shanghai and Other Lead Markets #1 Market Midday Review: Lead Prices Continue to Rise, but Spot Discounts Expand and Trading is Light
SMM December 12th: Chihong Lead in the Shanghai market is priced at 15575-15585 yuan/ton, with a discount of 10-0 yuan/ton for the Shanghai lead 2401 contract; Jijin and Jiangtong lead in the Jiangsu and Zhejiang markets are priced at 15585-15595 yuan/ton, with an increase of 0-10 yuan/ton for the Shanghai lead 2401 contract. Shanghai lead continues to rise, with holders quoting prices and not many quotes during the period, and primary lead and recycled lead...
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