SMM Shanghai and other 1# lead market noon review: Shanghai lead maintains a slight strong volatility, with the trading price difference between primary lead and recycled lead widening.

SMM news on January 23: Chihong lead in the Shanghai market is quoted at 16640-16660 yuan/ton, with a premium of 10-30 yuan/ton for the SHFE 2402 contract; Jinde lead in the Jiangsu and Zhejiang markets is quoted at 16640-16660 yuan/ton, with a premium of 10-30 yuan/ton for the SHFE 2402 contract. Shanghai lead maintains a slight strong volatility, with a decent enthusiasm from the holders for shipping, and continues to presell next week and February supply. The high offer for primary lead from smelters remains unchanged, while the offer for recycled lead..." (The rest of the article is cutoff.)