【SMM Shanghai and Other 1# Lead Market Afternoon Report: Shanghai Lead Hits a Five-Year High on the First Day After the Holiday, While the Spot Market Remains a Buyer's Market】

SMM News on May 6: In the Shanghai market, the prices of Chihong and Honglu lead range from 17,470 to 17,520 yuan/ton, with a premium of 0-50 yuan/ton compared to the SHFE lead 2406 contract. In Jiangsu and Zhejiang regions, the prices of Jiangtong and Jinde lead range from 17,490 to 17,520 yuan/ton, with a premium of 20-50 yuan/ton compared to the SHFE lead 2406 contract. On the first day after the holiday, Shanghai lead surged strongly, with the main contract reaching a high of 17,600 yuan/ton, refreshing the high since March 2019. Holders followed the market to ship out goods, but the quotes remained firm...