SMM Shanghai and other 1# lead market midday review: Lead prices are weakly fluctuating, spot supply is loose and selling at a discount

SMM News on February 26: Chihong lead in the Shanghai market is priced at 15875-15885 yuan/ton, with a premium of 20-30 yuan/ton for the Shanghai lead 2403 contract; in the Jiangsu and Zhejiang areas, Jiangtong and Tongguan lead are priced at 15875-15895 yuan/ton, with a premium of 20-40 yuan/ton for the Shanghai lead 2403 contract. The Shanghai lead market is in a weak consolidation phase, with holders selling alongside, and some maintaining a small premium offer. During this period, refinery supply...