【SMM Shanghai and other 1# lead market noon review: Shanghai lead rose strongly, downstream enterprises purchased cautiously for just-in-time needs】
SMM June 25th News: In Shanghai market, Chihong lead was quoted at 19,305-19,355 yuan/ton, which was 20-50 yuan/ton higher than the Shanghai lead 2407 contract. In Jiangsu and Zhejiang regions, Jiangtong and Tongguan lead were quoted at 19,285-19,355 yuan/ton, which was 0-50 yuan/ton higher than the Shanghai lead 2407 contract. Shanghai lead's strong trend remained unchanged. The suppliers held firm on prices and shipped their goods. Meanwhile, the price difference between northern and southern regions for refinery-provided goods expanded. In the North China region, most of the delivery brands shipped their goods with high premiums to the SMM 1# lead average price.

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