SMM October 30 Shanghai lead market situation KuaiBao: lead exploration low rebounding spot market turnover is weak

Published: Oct 30, 2019 12:09

Save

SMM October 30: Shanghai market Jinsha lead 16705 yuan / ton, to the 1911 contract discount 20 yuan / ton quotation; southern, Mu Ron lead 16695-16705 yuan / ton, the 1911 contract discount 30-20 yuan / ton quotation, of which white goods can be discounted 50-40 yuan / ton. Lead exploration low rebounded, the general enthusiasm of shippers, to maintain small discount shipment, while recycled lead is still deep sticking water shipment, downstream demand is limited, bulk market transactions are weak.

"Click to view SMM's exclusive historical price data

Lead 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Geopolitical Tensions Eased, LME Lead Jumped to a Nearly Half-Month High [SMM Lead Morning Brief]

[SMM Morning Lead Briefing: Easing Geopolitical Tensions Push LME Lead to a Near Half-Month High] SMM, April 2: Overnight, LME lead opened at $1,913/mt. As the market expected geopolitical tensions outside China to ease, the overall center of LME lead moved higher......

3 hours ago

Macro Tailwinds Boosted Lead Prices; Follow-Up Attention on Fundamental Alignment [SMM Lead Morning Meeting Minutes]

[SMM Lead Morning Meeting Summary: Macro Tailwinds Boosted Lead Prices Higher; Follow-up Focus on Alignment With Fundamentals] US President Trump said he would consider a ceasefire only if the Strait of Hormuz were opened. Recently, there have been signs of easing geopolitical tensions outside China, and market risk aversion sentiment has weakened, leading to a relative rebound in nonferrous metals, among which imported lead has flowed into the Chinese market...

3 hours ago

20 hours ago

Driven by increased long positions, the most-traded SHFE lead 2605 contract showed a unilateral upward trend today [Brief Review of Lead Futures]

20 hours ago