SMM May 21 Shanghai lead Market Express: lead continues to be strong while spot trading is weak

Published: May 21, 2020 12:04

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SMM May 21: Shanghai Changchi Hongyang lead 14455Mui 14505 yuan / ton, price for Shanghai lead 2006 contract liter water 250fu 300 yuan / ton; Wuxi market southern lead 14355 Mel 14385 yuan / ton, price for Shanghai lead 2006 contract liter water 150,180 yuan / ton. Lead futures continued a strong trend, while the lower reaches were afraid of high and cautious, some maintained long order trading, while the discount for recycled refined lead expanded, a few reported to the SMM1# lead average price discount 350,300 yuan / ton out of the factory, traders also lowered their quotations and raised water, but trading in the bulk market was still weak.

"2020 (15th) lead and Zinc Summit"

Cao Juanjuan (lead): 021mur5159Muth5790lap135mur6472mur8530

Mailbox: caojuanjuan@ly10000.com

Zhang Maomao (Zinc): 021mur5159Muth5845Mao183Muth2126Mei9197

Mailbox: 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.

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