SMM July 9: today's domestic mainstream quotation for reduced lead is between 14300 and 14400 yuan per ton. Shanghai lead continued to explore, close to the lower limit of the box operation range of 15800 yuan / ton, waste battery prices also continued to decline; with the further decline in the operating rate of small refineries, it is slightly difficult to restore lead procurement; renewable lead refineries have warmed up, the discount continues to narrow, the mainstream transaction price of tax recycled lead discount to the average price of SMM1# lead 100 yuan / ton.