【Shanghai Lead Spot: Shanghai Lead Fluctuated Downwards, and the Quoted Discount of Non-delivery Goods in Spot Market Widened】

SMM July 29: In the Shanghai market, the price of Chihong lead was quoted at RMB 19,610-19,620/tonne, a premium of RMB 100/tonne over the Shanghai Lead 2408 contract; in Jiangsu and Zhejiang regions, the price of Jiangxi Copper and Jinde lead was quoted at RMB 19,560-19,620/tonne, a premium of RMB 50-100/tonne over the Shanghai Lead 2408 contract. Shanghai Lead showed a fluctuating downward trend, and due to the scarcity of delivery-grade lead in circulation, holders quoted firmly, while the import window for lead ingots remained open...