SMM October 23 lead market news: waste battery purchase price down recycled lead to maintain deep discount

Published: Oct 23, 2019 11:56
Source: SMM

SMM, Oct. 23: today's domestic reduction of lead (excluding tax) mainstream quotation in 14450-14550 yuan / ton. Shanghai lead main contract opened downlink space, weakening, refineries have lowered the purchase price of waste battery; reduced lead refinery profits have been constantly compressed, today's price reduction is limited; falling waste battery purchase price, to make up for some of the smelting profits, recycled lead discount has no obvious signs of narrowing.

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