【SMM Shanghai and Other 1# Lead Market Noon Commentary: Shanghai Lead Nears 18,000 Yuan Threshold, Trading Disagreements in the Spot Market Widen】
SMM News on May 8th: In the Shanghai market, the price of Chihong and Honghu lead is between 17,940 and 17,980 yuan per ton, with a premium of 0-50 yuan per ton over the SHFE lead 2405 contract or 2406 contract. In Jiangsu and Zhejiang regions, Jiangxi Copper and Jinde lead are priced at 17,960-17,980 yuan per ton, with a premium of 20-50 yuan per ton over the SHFE lead 2406 contract. Shanghai lead prices have been rising strongly, once approaching the 18,000 yuan threshold, and there are significant differences in the shipment decisions of suppliers...

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