SMM Shanghai and other 1# lead market midday review: Weak demand and s

Published: Dec 29, 2023 12:06

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SMM Shanghai and other 1# lead market midday review: Weak demand and supply background lead to continued weak transactions in the lead spot market

SMM December 29th news: The price in the Shanghai market is 15830-15850 yuan/ton, with a discount of 20-0 yuan/ton for the 2401 lead contract; in the Jiangsu and Zhejiang market, the price is 15850 yuan/ton for Jiangtong lead, with a flat offer for the 2401 lead contract. The lead in Shanghai maintains a consolidation trend, with some holders quoting prices, but more are waiting for normal shipments to resume after the New Year, while the impact of production restrictions due to haze in various regions has increased...

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