SMM Shanghai and other No. 1 lead market midday review: Shanghai lead showing a strong and volatile trend, the price difference between primary lead and recycled lead widens
SMM News, March 7th: Chihong lead in the Shanghai market is quoted at 16,075-16,095 yuan/ton, with a premium of 0-20 yuan/ton for the Shanghai lead 2403 contract; Jiangxi and Zhejiang regions offer Jiangtong and Jijin lead at 16,105-16,125 yuan/ton, with a premium of 30-50 yuan/ton for the Shanghai lead 2403 contract. Shanghai lead is showing a strong and volatile trend, with quotes from holders following the market, while smelters are offering small premiums for delivery of recycled lead...
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