SMM Reports: Transportation Restrictions Slow Down Spot Lead Transactions in Shanghai and Other Markets

**SMM Shanghai and Other 1# Lead Markets: Transportation Restrictions in Some Areas Lead to Slightly Sluggish Spot Market Transactions**

SMM October 31st news: In the Shanghai market, the price of Chihong lead ranges from 16,620 to 16,650 yuan/ton, with a premium of 0-20 yuan/ton to the SHFE Lead 2411 contract or a discount of 30 yuan/ton to the SHFE Lead 2412 contract. In Jiangsu and Zhejiang regions, Tongguan, Jiangxi Copper, Jinde, Shangjing, and Mulun lead are quoted at 16,560-16,620 yuan/ton, with a discount of 60-30 yuan/ton to the SHFE Lead 2411 contract. SHFE lead prices oscillated and rebounded, prompting holders to sell their goods accordingly. Yesterday, a small number of large discount supplies were sold out...