[Spot Shanghai Lead: Shanghai Lead Peaks and Falls, Premium of Spot Market Quotations Continue to Decline]

July 18, SMM news: Quotations in the Shanghai market are scarce, with individual quotations of 100-150 yuan/ton premium over the SHFE Lead 2408 contract; Jiangtong and Jinde Lead in Jiangsu and Zhejiang areas are quoted at 19,900-19,990 yuan/ton, and the premium over the SHFE Lead 2408 contract is 20-60 yuan/ton. Shanghai lead prices peaked and then fell, and the premium of holding traders' quotations began to decline. Meanwhile, the enthusiasm of smelters to sell their products at high prices increased...