**SMM Shanghai and Other 1# Lead Markets: Shanghai Lead Maintains Strength, Spot Market Trading Activity Improves**
SMM Report on November 8: In the Shanghai market, the price of Chihong lead ranged from RMB 16,845 to 16,890 per tonne, with a discount of RMB 30 to 0 per tonne against the SHFE Lead 2412 contract. In Jiangsu and Zhejiang regions, Tongguan and Jiangxi Copper lead were quoted at RMB 16,835 to 16,870 per tonne, with a discount of RMB 40 to 20 per tonne against the SHFE Lead 2412 contract. Shanghai lead continued its upward trend with volatility, and holders' willingness to sell improved, resulting in a reduction in the circulation of goods in the spot market during this period...



