Published: Dec 25, 2023 12:08

【SMM Shanghai and other 1# lead market noon review: Year-end holders continue to dump goods, spot trading activity decreases】

SMM December 25: In the Shanghai market, Chihong quoted 15695-15705 yuan/ton, with a discount of 20-10 yuan/ton for the Shanghai lead 2401 contract; in the Jiangsu and Zhejiang markets, Jijin and Jiangtong lead quoted 15695-15715 yuan/ton, with a discount of 20-0 yuan/ton for the Shanghai lead 2401 contract. The center of gravity of Shanghai lead has slightly moved up, and the holders are selling goods, and as the end of the year approaches, some smelters and traders have already sold out their inventory, reducing the market circulation compared to last week, and those with goods...

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【SMM Shanghai and other 1# lead market noon review: Year-end holders c - Shanghai Metals Market (SMM)