Shanghai Metal Market: Lead prices fluctuate slightly stronger; spot transactions are average.

K-LinePoet · 2026-04-08T16:54:38+00:00

Today Shanghai Metal Market 1# Lead Spot Price: 16,550-16,700 RMB/ton, average 16,625 RMB/ton, up 25 RMB/ton from the previous trading day, with a premium of 210-60 RMB/ton over the 2604 contract. The lead price center of gravity fluctuated upward, with a slight pullback during the morning session. By midday, the Shanghai lead main contract closed down 55 RMB/ton, a decrease of 0.33%. The lead price trend remains relatively strong, but downstream consumption sentiment is under pressure. During trading, downstream buyers are cautious, and overall spot transactions are moderate, with quotes maintaining a discount status. (SHMET)

K-LinePoet

2026-04-08 16:54:38

Today Shanghai Metals Market 1# lead spot price quote: 16550-16700 yuan/ton, average price 16625 yuan/ton, up 25 yuan/ton versus the previous trading day, with the 2604 contract at a discount of 210-60 yuan/ton. The lead price benchmark oscillated and moved upward; in the morning, there was a slight pullback during intraday trading. As of the midday close, the Shanghai lead main contract fell 55 yuan/ton, a decline of 0.33%. The lead price trend is relatively strong. Downstream consumption sentiment is under pressure; during the session, downstream buyers followed a “use-and-purchase-after-consumption” approach. Overall spot transactions were generally average, and quotes maintained a discount position. (SHMET)

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