Lead Prices Remain Steady Across Shanghai and Key Markets, Downstream Firms Continue Demand-Driven Purchases

【SMM Shanghai and Other 1# Lead Markets: Lead Prices Remain Stable, Downstream Enterprises Maintain Demand-Based Purchasing】

SMM October 23: In the Shanghai market, the price of Honglu lead is quoted at 16,655-16,720 yuan/ton, with a discount of 50-30 yuan/ton to the SHFE 2411 lead contract; in Jiangsu and Zhejiang regions, Jiangtong and Tongguan lead are quoted at 16,675-16,750 yuan/ton, with a discount of 30-0 yuan/ton to the SHFE 2411 lead contract. SHFE lead maintains a consolidation trend, with holders offering prices in line with market movements, and the premiums and discounts remain largely unchanged from the previous day...