[SMM Shanghai and Other No.1 Lead Market Noon Review: Shanghai Lead Falls on Volatility, Both Primary and Recycled Lead Smelters Tend to Raise Premiums for Sales]

July 10, SMM news: The price of Chihong lead in the Shanghai market ranges from 19,530 to 19,570 yuan/ton, with a premium of 50 yuan/ton over the SHFE lead 2408 contract. In Jiangsu and Zhejiang regions, Jiangxi Copper and Jinde lead are quoted at 19,530-19,600 yuan/ton, with a premium of 50-80 yuan/ton over the SHFE lead 2408 contract. Shanghai lead has been fluctuating and weakening, with the focus of operation shifting downwards. However, due to the scarcity of market supply, holders are maintaining prices for sales, and the premium has increased compared to yesterday...