【SMM Shanghai and Other 1# Lead Market Noon Review: Tight Lead Ingot Supply, Improved Spot Market Trading Before the Holiday】

SMM January 2 news: The Shanghai market Chihong quoted 15910-15920 yuan/ton, with a 10-0 yuan/ton discount for the Shanghai lead 2401 contract; in the Jiangsu and Zhejiang markets, Jiangtong and Jijin lead quoted 15920 yuan/ton, with a flat discount for the Shanghai lead 2401 contract. Shanghai lead showed a strong and fluctuating trend, with limited recovery of lead production in the largest recycled lead production area, coupled with some...