Shanghai Metal Market: Lead prices fluctuate with little spot trading activity

K-LinePoet · 2026-03-27T08:56:12+00:00

Today Shanghai Metal Market 1 Lead Spot Price: 16,500-16,650 RMB/ton, average 16,575 RMB/ton, unchanged from the previous trading day. The premium for the 2603 contract is 220-70 RMB/ton. This morning, lead prices continued to fluctuate slightly. By midday, the Shanghai lead main contract rose by 35 RMB/ton, a 0.21% increase. The spot market today saw limited changes from yesterday, with lead prices fluctuating slightly. Downstream buyers mainly have just-in-time demand, but trading volume is not high. Overall, market sentiment remains limited, and spot prices are basically flat compared to yesterday. (SHMET)

K-LinePoet

2026-03-27 08:56:12

Today, Shanghai Metal Network 1# lead spot price: 16500-16650 yuan/ton, average price 16575 yuan/ton, unchanged from the previous trading day. The 2603 contract is quoted at a discount of 220 to 70 yuan/ton. This morning, lead prices continued to fluctuate slightly, and by the close of the midday session, the main lead contract on the Shanghai Futures Exchange rose by 35 yuan/ton, an increase of 0.21%. Today’s spot market showed limited changes compared to yesterday, with lead prices fluctuating slightly. Downstream demand is mainly driven by necessity, but the trading volume is not large, and overall consumer sentiment is limited. The spot price is basically unchanged from yesterday. (SHMET)

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