Shanghai Lead Market Drops Amidst Price Inversion between Primary and Recycled Lead

게시됨: Oct 15, 2024 12:32
[SMM Shanghai and Other No.1 Lead Markets: Shanghai Lead Falls, with a Price "Upside Down" between Recycled and Primary Lead] SMM reported on October 15th: The price of Honglu lead in the Shanghai market ranged from 16,425 to 16,480 yuan/ton, with a discount of 50-30 yuan/ton to the Shanghai Lead 2411 contract; in Jiangsu and Zhejiang regions, Jiangtong and Tongguan lead were quoted at 16,435-16,510 yuan/ton, with a discount of 30-0 yuan/ton to the Shanghai Lead 2411 contract. Shanghai lead reversed its trend and fell, with traders still quoting prices with discounts for shipments, among which electrolytic lead smelters...

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[SMM Shanghai and Other No.1 Lead Markets: Shanghai Lead Falls, with a - Shanghai Metals Market (SMM)