Published: Apr 29, 2024 12:03

【SMM Shanghai and Other 1# Lead Market Midday Review: Shanghai Lead Maintains Its Strength, High Prices in Spot Market See Weak Transactions】

SMM News on April 29: In the Shanghai market, the price range of Chihong and Honglu lead is 17,270-17,330 yuan/ton, with a premium of 0-60 yuan/ton over the Shanghai lead 2405 contract; in Jiangsu and Zhejiang regions, Jiangtong and Jinde lead is priced at 17,245-17,330 yuan/ton, with a premium of 40-60 yuan/ton over the Shanghai lead 2405 or 2406 contract. Shanghai lead maintains its strength, and there is not much circulating supply. Suppliers quote according to the market, and during this period, the smelters' supply is still based on...

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