Lead Prices Decline in Shanghai and Major Markets, Upstream and Downstream Firms Adopt Cautious Stance

【SMM Shanghai and Other No.1 Lead Markets: Lead Prices Shift Downward, Strong Wait-and-See Sentiment Among Upstream and Downstream Enterprises】

SMM December 13 report: In the Shanghai market, Honglu lead is quoted at 17,360-17,380 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2501 contract; in the Jiangsu and Zhejiang regions, Tongguan and JCC lead are quoted at 17,360-17,380 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2501 contract. The center of SHFE lead prices has moved further downward compared to yesterday, and with delivery approaching, suppliers' enthusiasm for shipping has declined...