Shanghai Lead Prices Reach One-Month High, Spot Market Struggles with High-Price Deals

**SMM Shanghai and Other 1# Lead Markets: Shanghai Lead Hits One-Month High, Spot Market Faces Difficulty in High-Price Transactions**

SMM November 13th: In the Shanghai market, the price of Honglu lead was 17,190 yuan/tonne, quoted with a discount of 30 yuan/tonne to the SHFE lead 2412 contract. In Jiangsu and Zhejiang regions, Tongguan and Jiangxi Copper lead was reported at 17,180-17,200 yuan/tonne, quoted with a discount of 50-20 yuan/tonne to the SHFE lead 2412 contract. Shanghai lead maintained its strong momentum and hit a new one-month high. Coupled with limited supply in the market, holders maintained their prices and shipped goods.....