SMM Shanghai lead Market Bulletin on July 14: light trading in the lead market for high-level consolidation

Published: Jul 14, 2020 12:04

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SMM July 14: 15790 yuan / ton of lead in Shanghai market, 50 yuan discount to Shanghai lead 2007 contract; 15790 million yuan / ton in Jiangsu and Zhejiang market, Tongguan, Yuteng lead 15840 yuan / ton, 50 yuan / ton to flat water price to Shanghai lead 2007 contract. During the period of lead high consolidation, the price quoted by the holder follows the market, but there is almost no inquiry for warehouse receipt goods downstream, just need to still prefer recycled lead or some electrolytic lead factory shipments, the trading market is light.

"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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