**【SMM Shanghai and Other 1# Lead Markets: Lead Prices Fluctuate and Decline, Downstream Enterprises Adopt a Wait-and-See Attitude】**
SMM, October 29: In the Shanghai market, the price of Honglu lead ranged from RMB 16,570 to 16,620 per tonne, with a discount of RMB 50 to 30 per tonne to the SHFE Lead 2411 contract. In Jiangsu and Zhejiang regions, Jiangxi Copper and Tongguan lead were quoted at RMB 16,590 to 16,650 per tonne, with a discount of RMB 30 to 0 per tonne to the SHFE Lead 2411 contract. SHFE lead prices exhibited a fluctuating downward trend, with holders quoting prices in line with market conditions. Among them, refinery-extracted electrolytic lead remained firmly priced.....


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