SMM Shanghai and other 1# lead market midday review: Capital tends to return to the upper and lower reaches at the end of the year, and lead spot prices are widening the discount.

SMM News on December 20: Cheehong in the Shanghai market is quoting 15660-15680 yuan/ton, with a discount of 20-0 yuan/ton for the Shanghai lead 2401 contract; Jijin and Jiangtong in the Jiangsu and Zhejiang markets are quoting 15660-15680 yuan/ton for lead, with a discount of 20-0 yuan/ton for the Shanghai lead 2401 contract. Shanghai lead maintains a stalemate, while some holders are clearing their inventory at the end of the year and offering discounts, with some indicating...