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SMM May 7 Shanghai lead Market News: the trend of lead price is strong and the downstream is afraid of high mining.
May 7,2020 12:07CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

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.

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