Lead Prices Rebound Despite Limited Spot Trades in Shanghai and Neighboring Markets

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Rebounded Amid Weak Spot Trades]

SMM, January 13: Few quotations were observed in the Shanghai market; in Jiangsu and Zhejiang regions, Tongguan and JCC lead were quoted at 16,575-16,650 yuan/mt, with a premium of 0-50 yuan/mt against the SHFE lead 2502 contract. SHFE lead moved downwards after a higher opening, as suppliers had limited inventories, and with delivery approaching, market quotations were scarce...