【SMM Shanghai and Other #1 Lead Market Midday Review: Shanghai lead rises and falls, spot market tends to be inactive in trading】

SMM News on January 12: The Shanghai market quoted Chihong lead at 16,490-16,510 yuan/ton, with a premium of 0-20 yuan/ton for the Shanghai lead 2401 contract; Ji Jin and Jinde lead in the Jiangsu and Zhejiang markets quoted at 16,460-16,490 yuan/ton, with a discount of 10 yuan/ton to a premium of 20 yuan/ton for the Shanghai lead 2402 contract. After a relative rise, Shanghai lead fell back. Approaching the delivery date, there is a limited circulating supply in the spot market, and holding merchants are offering at higher prices for sales...