SMM October 17 Shanghai lead Market situation KuaiBao: lead returns to the top of Wanqi and more wait-and-see and careful mining downstream

Published: Oct 17, 2019 11:53

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SMM October 17: Shanghai market Sands, South, Mu Ron lead 17070-17100 yuan / ton, the 1911 contract discount of 30 yuan / ton to flat water quotation, of which white goods can be discounted 50-40 yuan / ton. Lead strong upward, holders actively quote shipments, mostly partial paste water shipment, and recycled refined lead discount expansion, quoted to the average price of electrolytic lead 500-300 yuan / ton, at the same time downstream battery enterprises do not hold optimistic expectations for the future market, more wait-and-see attitude, bulk market transactions are weak.

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