SMM May 11 Shanghai lead Market Express: lead spot Market Circulation sources increase quotation cut by half

Published: May 11, 2020 12:02

Save

SMM May 11: Shanghai market Jinsha lead 14105-14145 yuan / ton, Shanghai lead 2006 contract price of 260-300 yuan / ton, Wuxi market southern lead 14095-14125 yuan / ton, Shanghai lead 2006 contract 250280 yuan / ton quotation. Lead weak decline, and due to the spot market circulation supply increase, primary lead and recycled lead factory shipment discount expansion (to SMM1# lead average price), the downstream just need to favor this kind of supply, the holder quotes the water to cut by half compared with last week, still obtains the partial transaction.

"2020 (15th) lead and Zinc Summit"

To attend the meeting, contact:

Cao Juanjuan (lead): 021-5159-5790 135-6472-8530

Mailbox: caojuanjuan@ly10000.com

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

Email: zhangmaomao@smm.cn

Lead; current review of lead

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

Rising Energy Costs and Falling By-product Revenue Squeeze Secondary Lead Smelter Profits

[Secondary lead production dynamics] According to an SMM survey, a secondary lead smelter in east China reported that smelting profits deteriorated this week, mainly dragged down by rising energy (coke) costs and declining by-product sulphuric acid revenue.

10 hours ago

SHFE lead sees synchronized long and short position increases, with prices fluctuating at highs above the 16,000 level [Lead Futures Brief Comment]

10 hours ago

12 hours ago

Data: SHFE, DCE market movement (Sep 10)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Sep , 2026

12 hours ago