SMM Shanghai and other 1# lead market midday review: Shanghai lead pri

Published: Jan 25, 2024 12:28

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SMM Shanghai and other 1# lead market midday review: Shanghai lead prices fall back while downstream production cuts lead to decreased trading activities.

SMM News on January 25th: Chihong lead in Shanghai market is quoted at 16380-16400 yuan/ton, with a premium of 10-30 yuan/ton for the Shanghai lead 2402 contract; Jinde lead in the Jiangsu and Zhejiang market is quoted at 16380-16400 yuan/ton, with a premium of 10-30 yuan/ton for the Shanghai lead 2402 contract. Shanghai lead prices have fallen back, and the enthusiasm for shipments from holders has decreased, with most offers at a small premium. At the same time, the premium for delivery quotation from primary lead smelters has slightly decreased...

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