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SMM May 25th Shanghai lead Market Express: lead brushes near a new high in February, but it is difficult to close transactions at high prices in the spot market.

iconMay 25, 2020 12:02
Source:SMM

SMM May 25th: Shanghai Changchi Hongji lead 14620mur14650 yuan / ton, price for Shanghai lead 2006 contract water rise 200cue 230 yuan / ton; Wuxi market southern lead 14520tel 14540 yuan / ton, price for Shanghai lead 2006 contract liter water 100,120 yuan / ton. Lead futures continued a strong trend and reached a new high in the past two months, with the holder actively shipping goods and lowering the price discount, while the downstream generally held a wait-and-see attitude and fewer inquiries, making it extremely difficult to trade at a high price in the bulk market.

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