[SMM Shanghai and Other Lead Markets' Midday Review: Shanghai Lead Plateaued, Regional Supply and Price Differences Widened]

SMM March 25th News: In the Shanghai market, Chihong Lead was priced at 16,245-16,265 yuan/ton, with a premium of 30-50 yuan/ton for the Shanghai lead 2404 contract; in the Jiangsu and Zhejiang regions, Jiangtong Lead was priced at 16,235-16,265 yuan/ton, with a premium of 20-50 yuan/ton for the 2404 contract. Shanghai lead maintained a plateaued trend, with merchants' prices following the market, but quotes in Jiangsu, Zhejiang, and Shanghai regions were limited, and the price difference between the south and north widens as refinery pickup sources increase...