[SMM Shanghai and Other #1 Lead Market Afternoon Review: Shanghai Lead Hits New Six-Year High, Significant Variations in Spot Market Transactions]

SMM May 15 News: Today is the delivery day for the Shanghai Lead 2405 contract. Most holders are arranging delivery matters and there are few quotes. In Jiangsu and Zhejiang regions, Jiangxi Copper and Jinde Lead are quoted at 18,715-18,800 yuan/ton, with a premium of 0-50 yuan/ton over the Shanghai Lead 2406 contract. Since May, lead prices have been rising steadily, with the main contract of Shanghai Lead hitting a high of 18,825 yuan/ton in the morning, once again setting a new six-year high.