Shanghai Metal Market: Lead prices fluctuate, spot transactions are average

K-LinePoet · 2026-03-17T02:26:27+00:00

Shanghai Metals Network Lead Spot Report for Today: 16,500-16,650 yuan/ton, average price 16,575 yuan/ton, up 25 yuan/ton from the previous trading day. Premium/discount to 2603 contract: discount of 220-70 yuan/ton. Shanghai lead traded with volatility this morning, and as of midday close, the main contract rose 10 yuan/ton, up 0.06%. Market sentiment today is modest, with upstream and downstream still not fully resumed operations. Resumed enterprises are making purchases on an as-needed basis, spot trading sentiment is average, futures prices maintaining oscillation, and spot discounts expanding slightly. (SHMET)

K-LinePoet

2026-03-17 02:26:27

Today, Shanghai Metal Market #1 Lead Spot Price: 16,500-16,650 RMB/ton, average 16,575 RMB/ton, up 25 RMB/ton from the previous trading day. The premium for the 2603 contract is 220-70 RMB/ton. This morning, Shanghai lead prices fluctuated; by midday, the main contract rose by 10 RMB/ton, a 0.06% increase. The market atmosphere today was moderate, with upstream and downstream still not fully resuming work. Most companies are purchasing on demand. Spot trading sentiment is average, futures prices remain volatile, and the spot discount slightly widened. (SHMET)

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