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SMM April 7 Shanghai lead Market Express: recycled lead shocks Primary lead spot Trading rising and falling

iconApr 7, 2020 12:16
Source:SMM

SMM, April 7: Shanghai market Jinsha, southern lead 14200-14250 yuan / ton, Shanghai lead 2005 contract up 300-350 yuan / ton quotation; Jiangsu and Zhejiang market Shuikoushan lead 14250 yuan / ton, Shanghai lead 2005 contract up 350 yuan / ton quotation. By the good policy news, the basic metals generally rose, the main lead will once touch the Wansi barrier, and the spot market with recycled lead supply tends to loose, downstream only on-demand procurement, although holders because of fewer supplies, maintain high water quotation, but only traders receive goods, downstream acceptance of high parallel imports significantly lower than last week.

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