SMM October 18 Shanghai lead Market situation KuaiBao: recycled lead discount continues to expand trade market shipment passivity

SMM, Oct. 18: Shanghai market Sands, South, Ambrose lead 17025-17035 yuan / ton, 1911 contract discount 30-20 yuan / ton quotation; Zhejiang market bronze crown 17035 yuan / ton, 1911 contract discount 20 yuan / ton quotation, of which white goods can be discounted 5040 yuan / ton. Period lead rush high fall, the holder quotation every high active shipment, some continue to expand the offer discount, and downstream risk aversion less mining, recycled refined lead discount expanded to the electrolytic lead average price discount 500-400 yuan / ton factory, some can discount 500 yuan / ton to the factory, resulting in spot trade market shipment is very passive, transaction is very few.

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