【SMM Shanghai and other #1 lead market midday review: Shanghai lead shows a biased strong shock consolidation, spot market premiums rise again】
SMM, January 18 news: Chihong lead in the Shanghai market is priced at 16,215-16,235 yuan/ton, with a premium of 10-30 yuan/ton for the Shanghai lead 2402 contract; Jijin and Jinde lead in the Jiangsu and Zhejiang markets are priced at 16,215-16,235 yuan/ton, with a premium of 10-30 yuan/ton for the Shanghai lead 2402 contract. Shanghai lead shows a biased strong shock consolidation, with merchants quoting prices and raising premiums compared to yesterday, and there is a limited supply of lead in the primary lead plant...
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