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SMM May 21 Shanghai lead Market Express: lead continues to be strong while spot trading is weak
May 21,2020 12:04CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

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.

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