SMM7, 26 July: according to the (SMM) survey of Shanghai Nonferrous Network, this week (July 22-July 26)
The operating rate of SMM primary lead smelter in three provinces is 57.7%, Henan primary smelter is 72%, month-on-month increase is 3.6%, Yunnan primary smelter is 42.3%, Hunan primary lead smelter is 43.4%, the month-on-month ratio remains unchanged.
This week, the domestic spot lead price continued to strengthen, the spot transaction in the market improved slightly, and the inventory of downstream finished products and dealers went to the warehouse to a certain extent compared with last week, but the bulk shipment of refineries was still maintained in the discount range of 50 to 150 yuan per ton, and the discount of recycled refined lead was maintained at 300 yuan per ton. Refineries, this week, Henan Minshan resumed production, Yuguang began feeding today, is expected to be fully restored next week, electrolytic lead supply or ease the extent of the increase.
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