SHANGHAI, Apr 3 (SMM) – Lead prices fell last week, and trades were muted in the spot secondary crude lead market. According to SMM survey, the ex-factory prices of secondary crude lead in south China were 14,100-14,150 yuan/mt (excluding tax), and local downstream enterprises needed to pay freight rates of 50-60 yuan/mt, while prices on a delivery-to-factory basis were 14,200-14,250 yuan/mt. In north China, secondary crude lead was quoted at 14,050-14,150 yuan/mt (excluding tax, delivery-to-factory), and transactions were modest. The raw material inventories of a few smelters have exceeded 2,000 mt.


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