[SMM Shanghai and Other 1# Lead Market Afternoon Review: Shanghai Lead Remains Strong with Low Volume in Spot Market]

July 2, SMM: The price of Chihong lead in the Shanghai market ranged from 19,755 to 19,825 yuan per ton, with a premium of 50-100 yuan per ton over the SHFE lead 2408 contract. In Jiangsu and Zhejiang regions, Jiangxi Copper and Tongguan lead were quoted at 19,755-19,805 yuan per ton, with a premium of 50-80 yuan per ton over the SHFE lead 2408 contract. Shanghai lead maintained its strength, and there were not many sources available in the spot market, with holders maintaining prices and selling goods...