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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
Source: SMM

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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Lead; current review of lead

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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