【SMM Shanghai and Other 1# Lead Market Midday Review: Shanghai Lead Shows High Consolidation with Limited Improvement in Spot Market Transactions】

SMM April 23rd News: In the Shanghai market, Chihong and Hongyu lead are priced at 16,835-16,915 yuan/ton, with a premium of 0-80 yuan/ton over the SHFE lead 2405 contract. In the Jiangsu and Zhejiang regions, Jiangtong and Jinde lead are priced at 16,875-16,895 yuan/ton, with a premium of 40-60 yuan/ton over the SHFE lead 2405 contract. After the decline of Shanghai lead, it mostly consolidated around 16,800 yuan/ton. Suppliers sold their goods as the market moved, and the price difference narrowed during this period...