SMM, 16 October:

Guangdong market South China lead 16900 yuan / ton, the average price of SMM1# lead up to 50 yuan / ton quotation; southern storage south 16930 yuan / ton, 1911 contract flat water quotation. Lead price continues weak shock, regeneration primary price difference gradually opened, downstream limited purchase of recycled refined lead, so the transaction of primary lead market is flat.

Henan Yuguang, Wanyang and other smelters mainly to long single transaction; Jinli 16800 yuan / ton, the average price of SMM1# lead discount 50 yuan / ton quotation. Lead price weak shock, downstream wait-and-see, market transactions continue a light trend.

Other areas such as: Hunan Shuikoushan 16800-16850 yuan / ton, the average price of SMM1# lead discount 50 to flat water quotation (traders); Jiangxi copper industry 16870 yuan / ton, the average price of SMM1# lead rose 20 yuan / ton; Yunnan small factory 16500-16550 yuan / ton, the average price of SMM1# lead discount 300-350 yuan / ton. Lead price low weak shock, downstream consumption gradually turn light, the overall transaction is light.