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SMM May 11 Shanghai lead Market Express: lead spot Market Circulation sources increase quotation cut by half
May 11,2020 12:02CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

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.

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