Downstream Purchasing For Secondary Lead Was Strong

SHANGHAI, Sep 21 (SMM) - Today, the SMM price of secondary refined lead fell by 175 yuan/mt compared with yesterday. The sellers' enthusiasm for selling decreased, with firm quotations. Downstream companies were purchasing active at low prices, but transactions were quiet due to limited supply of goods in the market.

The ex-factory quotations of lead ingots in Anhui were around 16,400 yuan/mt; the ex-factory quotation in Ningxia were 16,300 yuan/mt; the ex-factory quotation in Sichuan were 16,300 yuan/mt; the ex-factory quotation of secondary refined lead in Inner Mongolia were 15,150 yuan/mt excluding tax.