SMM Shanghai and other 1# lead market midday review: More traders closing accounts, lead spot market trading light

SMM, Dec. 26th: In the Shanghai market, Chihong was quoting 15720-15740 yuan/ton, with a premium of 20-0 yuan/ton for the Shanghai lead 2401 contract; in the Jiangsu and Zhejiang market, Jiangtong lead was quoting 15740 yuan/ton, with a flat premium for the Shanghai lead 2401 contract. Shanghai lead showed a fluctuating upward trend, and as the year-end approached, more traders started closing accounts, resulting in a significant decrease in market quotations, with only a few continuing to quote...