SMM May 7 Shanghai lead Market News: the trend of lead price is strong and the downstream is afraid of high mining.

Published: May 07, 2020 12:07 (GMT+8)

SMM May 7: Shanghai market Jinsha lead 14465-14500 yuan / ton, Shanghai lead 2006 contract up 560-600 yuan / ton quotation; Wuxi market southern lead 14400-14450 yuan / ton, Shanghai lead 2006 contract 500-550 yuan / ton quotation. Lead trend is strong, some traders due to limited warehousing, continue high water quotation, but downstream fear high careful mining, high price transaction is extremely difficult, other holders to SMM1# lead average price flat water or small discount water quotation (spot), only a small number of transactions.

"2020 (15th) lead and Zinc Summit"

To attend the meeting, contact:

Cao Juanjuan (lead): 021mur5159Muth5790lap135mur6472mur8530

Email: caojuanjuan@ly10000.com

Zhang Mao (Zinc): 021-5159-5845 183-2126-9197

Email: zhangmaomao@smm.cn

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.

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