Shanghai Lead Markets Consolidate, Holders Expand Discounts to Boost Sales

Published: Sep 26, 2024 12:35

Save

[SMM Shanghai and Other 1# Lead Markets: Lead Prices Maintain Consolidation, Some Holders Expand Discount to Sell]

SMM News on September 26: In the Shanghai market, Chihong lead was quoted at 16,700 yuan/ton, with a premium of 50 yuan/ton against the SHFE 2410 contract; Jijin lead was quoted at 16,650 yuan/ton, flat against the SHFE 2410 contract; Jiangtong lead in Jiangsu and Zhejiang regions was quoted at 16,650-16,670 yuan/ton, with a premium of 0-20 yuan/ton against the SHFE 2410 contract. SHFE lead maintained a consolidation trend, with holders' warehouse receipt quotes maintaining stable premiums and discounts, while the discounts for electrolytic lead refinery sources expanded...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

Total exports of electric two-wheelers in Q1 2026 surged significantly, up 68.2% YoY.

[E-bike Market Dynamics] According to data from the General Administration of Customs, exports of electric motorcycles and bicycles grew 18.1% YoY in 2025. In addition, in Q1 2026, exports of electric motorcycles and bicycles by private enterprises were up 30% YoY; total exports of electric two-wheelers across the industry reached approximately 7.2 million units, up 68.2% YoY.

5 hours ago

Yunnan Chihong Zn & Ge Advances Exploration and Permit Applications for Xidong Lead-Zinc and Jinxin Molybdenum Mines

[Lead-Zinc Ore Market Dynamics] Recently, Yunnan Chihong Zn & Ge Co., Ltd. responded to investor questions on an interactive platform, stating that the company is proceeding in an orderly manner with the third-phase exploration and boundary delineation exploration of the Xidong lead-zinc mine. The mining permit application and plan optimization for the Jinxin molybdenum mine are being actively advanced, and the matter has received great attention from leaders at the Ministry of Natural Resources and relevant authorities in Heilongjiang and Inner Mongolia.

5 hours ago

New Patent Filed for Clean Beneficiation of High-Copper Complex Copper-Lead-Zinc Ore

[Lead-Zinc Ore Market Dynamics] According to information from the National Intellectual Property Administration, Yunnan Chihong Zn & Ge Co., Ltd. and the Institute of Resources Utilization and Rare Earth Development of Guangdong Academy of Sciences filed a patent application titled "A Clean Beneficiation Method for High-Copper Complex Copper-Lead-Zinc Ore." The publication number is CN121945277A, and the application number is CN202610289146.5.

5 hours ago