Lead Prices Consolidate Amid Sluggish Spot Market Ahead of Chinese New Year

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Consolidate, Spot Market Transactions Remain Sluggish Before the Holiday]

SMM, January 23: Few quotations were observed in the Shanghai market; JCC lead in Jiangsu and Zhejiang regions was quoted at 16,640-16,710 yuan/mt, with a premium of 0-50 yuan/mt against the SHFE lead 2502 contract. SHFE lead remained in a consolidating trend, while the spot market slowed down due to the approach of the Chinese New Year...