SMM October 25 reduction lead Market News: reduction lead smelting profit meagre high price sentiment has been revealed

Telah Terbit: Oct 25, 2019 11:07 (GMT+8)
Sumber: SMM

SMM October 25: today's domestic reduction of lead (excluding tax) mainstream quotation in 14450-14550 yuan / ton. Shanghai lead due to weak fundamentals, continued to decline, scale refineries to control smelting costs, low-price procurement of waste batteries; reduced lead smelting profits have been greatly compressed, the current profit is meagre, the mood of high prices has been revealed; reduced lead prices have become more difficult, the income has been narrowed, so that some refined lead plants have objections to deep water shipments.

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