SMM market news on the reduction of lead on June 24

SMM June 24: today's domestic mainstream quotation for reduced lead is 14350 to 14500 yuan / ton. Long head to enter the market, Shanghai period lead rose to 10,000 levels, due to the reduction of lead smelting continued to lose money, and the loss gradually expanded, waste battery prices up to half a month of the deadlock period finally appeared in the weekend performance; reduction lead refinery difficult to make a profit, shipment is not smooth; depressed downstream consumption, as well as electrolytic lead refinery discount continues to expand, again and again squeeze the lead plant market.