SMM Shanghai and Other 1# Lead Market Midday Review: Regional differences in lead market circulation narrowed, transactions tend to be inclined towards smelter sources

SMM News on March 4th: The Chihong lead in the Shanghai market is priced at 16,000-16,010 yuan/ton, with a premium of 20-30 yuan/ton for the Shanghai lead 2403 contract; in the Jiangsu and Zhejiang regions, Jiangtong and Jijin lead are priced at 16,010-16,030 yuan/ton, with a premium of 30-50 yuan/ton for the Shanghai lead 2403 contract. The Shanghai lead market maintains a relatively strong and fluctuating trend, with holders accompanying sales, warehouse receipts offering small premiums, as well as smelter sources...