SMM May 29th Shanghai lead Market Express: lead positions are expected to decline while trading in the market has not improved for the time being.

Published: May 29, 2020 12:43

SMM May 29th: Shanghai Changchi Hongji lead 14525mur14545 yuan / ton, price for Shanghai lead 2006 contract liter 180Mel 200 yuan / ton; Wuxi market southern lead 14445 yuan / ton, Shanghai lead 2006 contract price 100yuan / ton; another import KZ lead 14345 yuan / ton, flat water quotation for Shanghai lead 2006 contract. Lead reduction positions down, the holder quotation with the market, at the same time on Friday, part of the downstream on-demand procurement, but the smelter shipping price advantage remains, the trade market transaction has not been significantly improved.

"2020 (15th) lead and Zinc Summit"

Contact us at the meeting:

Cao Juanjuan (lead): 021mur5159Muth5790lap135mur6472mur8530

Mailbox: caojuanjuan@ly10000.com

Zhang Maomao (Zinc): 021mur5159Muth5845Mao183Muth2126Mei9197

Mailbox: zhangmaomao@smm.cn

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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SMM May 29th Shanghai lead Market Express: lead positions are expected to decline while trading in the market has not improved for the time being. - Shanghai Metals Market (SMM)