SMM, 30 October:

Guangdong market South China lead 16675 yuan / ton, the average price of SMM1# lead flat quotation; South Storage and Mongolia from 16675 yuan / ton, the average price of SMM1# lead flat water quotation (sent to South Reserve); lead price continues shock market, recycled lead maintains deep discount quotation, downstream still gives priority to the purchase of recycled refined lead, primary lead market trading has been squeezed.

Henan Yuguang, Wanyang and other smelters mainly to long single transaction; Jinli 16575 yuan / ton, the average price of SMM1# lead discount 100 yuan / ton quotation. Lead price weak shock, the holder is active shipment, by the recycled lead price impact, the primary market transaction is bleak.

Other areas such as: southern Guangxi 16545 yuan / ton, the average price of SMM1# lead discount 130 yuan / ton; Hunan Shuikoushan 16575-16605 yuan / ton, the average price of SMM1# lead 70 to 100 yuan / ton (traders); Hunan Jingui 16525 yuan / ton, the average price of SMM1# lead 150 yuan / ton; Jiangxi copper 16675 yuan / ton, the average price of SMM1# lead; Yunnan Zhenxing and small factory quoted 16325-16375 yuan / ton, the average price of SMM1# lead discount 300-350 yuan / ton. Lead price shock operation, downstream consumption is light, the overall transaction is in the doldrums.