[SMM Shanghai and Other #1 Lead Markets: SHFE Lead Fluctuates Upward, While Spot Market Discount Widens] SMM June 24 Report: In the Shanghai market, Chihong and Honglu lead are priced at 16,865-16,940 yuan/mt, quoted at a discount of 50-0 yuan/mt against the SHFE lead 2507/2508 contracts. In the Jiangsu-Zhejiang market, Jijin and JCC lead are priced at 16,885-16,920 yuan/mt, quoted at a discount of 30-20 yuan/mt against the SHFE lead 2507/2508 contracts. SHFE lead holds up well, with suppliers quoting prices in line with the market and generally selling at a discount...

Overnight, LME copper opened at $9,643.5/mt, dipping to a low of $9,615.0/mt and peaking at $9,697.0/mt, before closing at $9,694.5/mt, up 0.35%.

[SMM Morning Lead Meeting Summary: Both Supply and Demand in the Lead Market Are Weak, Lead Prices Continue to Fluctuate at Highs] Recently, lead prices have held up well. As month-end approaches, some downstream enterprises are starting to wait for long-term contracts in the new month, with limited purchases of spot orders. In terms of supply of refined lead, secondary lead enterprises are generally in a state of production reduction or suspension. In late June, primary lead enterprises in North China, Southwest China, South China, and other regions underwent routine maintenance as scheduled, mostly involving delivery brands, leading to a tightening of lead ingot supply...

[SMM Announcement] Notice on Adjustment of Lead Price Names and Classifications

[SMM Shanghai and Other #1 Lead Markets: Lead Prices Fluctuate at Highs, with Widening Price Spread Between North and South Regions] SMM June 23 Report: In the Shanghai market, Chihong and Honglu lead were quoted at 16,810-16,880 yuan/mt, with a discount of 50-0 yuan/mt against the SHFE lead 2507 contract. In the Jiangsu-Zhejiang market, Jijin and JCC lead were quoted at 16,840-16,880 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2507 contract. SHFE lead maintained high-level consolidation, with suppliers shipping goods according to market conditions...