Lead Prices Rise Amid Tightening Supply and Declining Spot Trading Activity

[SMM Shanghai and Other 1# Lead Markets: Supply Tightens, Driving Lead Prices Up While Spot Trading Activity Declines]

SMM, December 26: In the Shanghai market, Honglu lead was quoted at 17,380-17,410 yuan/mt, with a premium of 0-10 yuan/mt against the SHFE lead 2501 contract. In the Jiangsu-Zhejiang region, JCC lead was quoted at 17,380-17,410 yuan/mt, with a premium of 0-10 yuan/mt against the SHFE lead 2501 contract. Frequent environmental protection incidents in the domestic market have had a greater impact on supply than on consumption. SHFE lead fluctuated upward after the morning opening...