【Shanghai Lead Spot: The Operating Focus of Shanghai Lead Moves Downwards Daily as Holders Expand Discounts to Dump Goods】
SMM News on September 5: In the Shanghai market, the import price of Wanyang lead was quoted at 17,030-17,100 yuan/tonne, with a discount of 100 yuan/tonne to the SHFE 2409 lead contract; the import price of Harbin lead was quoted at 16,730-16,800 yuan/tonne, with a discount of 400 yuan/tonne to the SHFE 2409 lead contract; and the price of Jiangxi Copper lead in Jiangsu and Zhejiang regions was quoted at 17,130-17,220 yuan/tonne, with a premium of 0-20 yuan/tonne to the SHFE 2409 lead contract. The operating focus of Shanghai lead has shifted downwards day by day, and holders are afraid of price drops and are dumping goods, especially factory-picked goods supply...
