"SMM Shanghai and other 1# lead market midday review: Lead prices fall below 16,000 yuan mark, spot market shipments and transactions show significant differences.

SMM News on November 30: Chihong lead is priced at 15,775-15,785 yuan/ton in the Shanghai market, with a premium of 10-0 yuan/ton for the SHFE lead 2312 contract; in the Jiangsu and Zhejiang markets, Ji Jin and Jiangxi Copper lead are quoted at 15,785 yuan/ton, with a flat price for the SHFE lead 2312 contract. With the decline in lead prices in Shanghai, the premiums offered by holders have narrowed slightly, while differences in shipments between primary lead and recycled lead smelters still exist..."