SMM Shanghai and other 1# lead market midday review: lead prices maintain a stable trend, with more dealers offering year-end discounts to clear inventory

SMM News on December 14: Chihong lead was priced at 15535-15580 yuan/ton in the Shanghai market, with a discount of 10-0 yuan/ton for the ShFE 2312 contract or the ShFE 2401 contract; in the Jiangsu and Zhejiang markets, Jijin and Jiangtong lead were priced at 15580-15590 yuan/ton, with a premium of 0-10 yuan/ton for the ShFE 2401 contract. The lead market in Shanghai remains in a fluctuating and stabilizing pattern, with dealers shipping out goods as the year-end approaches, and some dealers showing an intention to offer year-end discounts in order to clear inventory.