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SMM Shanghai lead Market Express on May 8: lead prices are weak and spot trading has not improved much for the time being.
May 8,2020 12:02CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, May 8: Shanghai market Jinsha lead 14425-14445 yuan / ton, Shanghai lead 2006 contract price 540-560 yuan / ton, Wuxi market south lead 14385-14435 yuan / ton, Shanghai lead 2006 contract 500-550 yuan / ton quotation. Period lead Chong high fall, coupled with electrolytic lead factory shipments have turned to (to SMM1# lead average price) discount quotation, the holder offer mood relaxed, part of the small downward quotation (on the lead main contract) up, but the downstream purchase intention is not high, just need to gather in the parallel imports or recycled lead plate, the transaction has not improved greatly for the time being.

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