**【SMM Shanghai and Other 1# Lead Markets: Shanghai Lead Shows Volatility and Downward Trend, Spot Premiums Narrow Generally】**
SMM Report on November 15: In the Shanghai market, the price of Honglu lead ranges from RMB 16,740 to 16,760 per tonne, with a discount of RMB 30 to 0 per tonne to the SHFE Lead 2412 contract. In Jiangsu and Zhejiang regions, Tongguan and Jiangxi Copper lead are quoted at RMB 16,740 to 16,760 per tonne, with a discount of RMB 30 to 0 per tonne to the SHFE Lead 2412 contract. Shanghai lead continues to show volatility and a downward trend, with holders firming prices for shipments. In particular, some electrolytic lead smelters have narrowed their discounts for sourcing.....
