SMM, 8 Oct:
Guangdong market South China lead 17175 yuan / ton, the average price of SMM1# lead rose 50 yuan / ton quotation; Jinsha 17160 yuan / ton, the 1910 contract flat quotation; the first trading day after the festival, as the lead price rose, the mood of shipment was high, but most of the downstream was wait and see, and the market was bleak.
Henan Yuguang, Wanyang and other smelters are mainly long single transactions; Jinli 17125 yuan / ton, the average price of SMM1# lead flat water quotation. Lead price shock upward, holding goods mainly for shipment. But downstream to digest inventory-based, the market transaction is light.
Other areas such as: Shuikoushan 1702517075 yuan / ton, the average discount price of SMM1# lead 50-100 yuan / ton quotation (traders); Hechi south 16995 yuan / ton, the average price of SMM1# lead discount 130 yuan / ton; Yunnan small factory 16775-16825 yuan / ton, the average price of SMM1# lead discount 300-350 yuan / ton, back after the festival, the holder actively shipped, but the downstream is basically wait and see, the market is rarely traded, the overall transaction is bleak.