SMM Shanghai and Other 1# Lead Market: SHFE Lead Fluctuates Rangebound, Downstream Enterprises Prefer Secondary Lead
SMM News, December 11: In the Shanghai market, Chihong lead was quoted at 17,640-17,655 yuan/mt, on par with the SHFE lead 2412 contract; Honglu lead was quoted at 17,535-17,670 yuan/mt, with a discount of 50-30 yuan/mt against the SHFE lead 2501 contract; in the Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 17,535-17,670 yuan/mt, with a discount of 50-30 yuan/mt against the SHFE lead 2501 contract. SHFE lead maintained a rangebound fluctuation, with some suppliers waiting for delivery and showing relatively small enthusiasm for selling, and the quotation levels remained relatively stable...
