Lead Markets Experience Black Friday with Strong Wait-and-See Sentiment

[SMM Shanghai and Other 1# Lead Markets: Lead Market Faces Black Friday, Strong Wait-and-See Sentiment from Upstream and Downstream]

SMM, December 27: In the Shanghai market, Honglu lead was quoted at 17,000-17,100 yuan/mt, with a premium of 50-100 yuan/mt against the SHFE lead 2501 contract; in Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,000-17,100 yuan/mt, with a premium of 50-100 yuan/mt against the SHFE lead 2501 contract. SHFE lead plunged continuously after opening, quickly breaking below the 17,000 yuan threshold and hitting a one-month low...