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SMM Shanghai lead Market Express on July 7: lead futures trend is strong but spot market trading is weak.

iconJul 7, 2020 12:19
Source:SMM

SMM July 7: 14880 yuan / ton of lead in Shanghai market, 50 yuan / ton discount to Shanghai lead 2007 contract; 14880 yuan / ton of copper crown lead 14880 yuan / ton in the south of Jiangsu and Zhejiang market, and 50 million yuan / ton discount to Shanghai lead 2007 contract. Lead futures trend is strong, the monthly contract once broke through the Wanwu mark, while downstream procurement cautious, some holders tend to deliver positions, bulk market trading two light.

"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

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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