SMM Shanghai and Other 1# Lead Markets: Lead Prices Remain Stable and Stagnant, Downstream Enterprises Maintain Just-in-Time Procurement [SMM Midday Review]
- feb 26, 2025, at 12:08 pm
SMM Shanghai and Other 1# Lead Markets: Lead Prices Remain Stable and Stagnant, Downstream Enterprises Maintain Just-in-Time Procurement
SMM, February 26: In the Shanghai market, Honglu lead was quoted at 17,075-17,115 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2503 contract. In the Jiangsu and Zhejiang regions, Yuguang, Jijin, and JCC lead were quoted at 17,075-17,115 yuan/mt, with a discount of 20-0 yuan/mt against the SHFE lead 2503 contract. The tug-of-war between bulls and bears in SHFE lead remains unchanged, with prices continuing to stagnate...
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