[SMM Survey: Slowdown in Decline of Lead Ingot Social Inventory, Focus on Subsequent Warehouse Transfer Dynamics]
According to the survey, recent lead prices have shown strong performance, with the most-traded SHFE lead contract reaching a high of 17,760 yuan/mt. Suppliers have significantly increased their willingness to sell, and the spread between futures and spot prices has further widened. As of December 5, quotations for warehouse supplies in Jiangsu, Zhejiang and Shanghai were at discounts against the SHFE 2501 contract...
