SMM April 10 Shanghai lead Market Express: trade market circulation scarce spot lead continues high water quotation

Published: Apr 10, 2020 12:21

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SMM, April 10: Shanghai market Shuikoushan lead 14265 yuan / ton, Shanghai lead 2005 contract up 450 yuan / ton quotation; Jiangsu and Zhejiang market Shuikoushan, southern lead 14215-14265 yuan / ton, Shanghai lead 2005 contract 400-450 yuan / ton quotation. Lead shock upward, coupled with the scarcity of market circulation, holders mostly to high water shipment, downstream procurement is more cautious, some have turned to recycled lead, spot high water transaction is very limited.

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