SMM June 4: today's domestic mainstream quotation for reduced lead is 14600 yuan to 14750 yuan per ton. Shanghai lead runs under Wanliu, but there is no obvious feedback on the price of waste battery, and the reduction of lead market is limited because of the shortage of supply. The weak consumer demand in the downstream is mainly electrolytic lead, the trading volume of regenerated refined lead market is light, and there is even a quotation of 100yuan / ton of tax recycled refined lead to SMM1# lead paste water in some areas.