SMM, July 15:
Shanghai lead fell to 15315 yuan / ton in early trading, rising slightly under the support of overnight lows. The supply of waste batteries is still tight, the purchasing enthusiasm of smelters is high, and the price of waste batteries is easy to rise and difficult to fall. In addition, the price of lead continues to decline slightly, the price of waste battery remains high, the profit of recycled lead smelter narrows, and the sticker of recycled refined lead shrinks to some extent, but due to fear of high mining and careful mining in the lower reaches, most of them are needed, and recycled refined lead is still in a state of deep sticking.