"SMM Shanghai and other 1# lead market midday review: Lead prices continue to fall, downstream demand partially returning to primary lead

SMM News on November 27: Shanghai market Chihong lead is priced at 16220 yuan/ton, with a flat offer for the Shanghai lead 2312 contract; in the Jiangsu and Zhejiang markets, Jijin and Jiangxi Copper offer 16200-16220 yuan/ton for lead, with a discount of 20-0 yuan/ton for the Shanghai lead 2312 contract. The downward trend of Shanghai lead continues to expand, with holders shipping along with the market, but the discount offer has narrowed compared to last Friday, and the source offer for factory pick-up has also narrowed synchronously..."