【Spot Lead in Shanghai: Robust Price Trend and Downstream Enterprises Preferring Recycled Lead for Procurement】

SMM reported on July 17th that the number of offers in the Shanghai market is scarce, and the price of some individual offers is 200 yuan/ton higher than the SHFE Lead 2408 contract. In the Jiangsu and Zhejiang regions, Jiangxi Copper and Jinde Lead are priced at 19,910-19,990 yuan/ton, with a premium of 50-100 yuan/ton over the SHFE Lead 2408 contract. The price trend of SHFE Lead is robust, and due to the limited supply of electrolytic lead in the market, suppliers are maintaining their prices and shipping goods...