【SMM Shanghai and other #1 lead market midday review: Shanghai lead maintains a consolidating trend, the spot market tends to be traded at a discount】

SMM March 20 news: Chihong lead in the Shanghai market is quoted at 16295-16315 yuan/ton, with a premium of 30-50 yuan/ton for the 2404 contract of lead on the SHFE; in Jiangsu and Zhejiang areas, Jiangtong and Tongguan lead is quoted at 16285-16315 yuan/ton, with a premium of 20-50 yuan/ton for the 2404 contract. Shanghai lead maintains a consolidating trend, with quotations from holders following the market, but the current circulation of goods is not large, and some quotations maintain a small premium, while smelters...