SMM July 16 Shanghai 1 # lead market KuaiBao

SMM July 16: Shanghai market Jinsha lead 16285 yuan / ton, the 1908 contract water 50 yuan / ton quotation; Mulun 16235 yuan / ton, 1908 contract flat water quotation; Jiangsu and Zhejiang Jinli, Wanyang, copper crown lead 16215 to 16235yuan / ton, 1908 contract discount 20 yuan / ton to Pingshui quotation. Futures strong upward, cargo holders shipping enthusiasm increased, some have been converted to discount quotations, and downstream battery market consumption is flat, storage enterprises afraid of high careful mining, upstream and downstream direct counterpart trading is weak; in addition, due to the expansion of the current base difference, traders receive goods more actively than yesterday.

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