SMM, July 17:

Shanghai lead was adjusted horizontally at 14920 yuan / ton in early trading. As for waste batteries, as the price of reduced lead fell with the price of lead, the purchasing enthusiasm of smelters decreased slightly, and the purchase prices of waste batteries in some areas were reduced, but the overall price remained high and stable. At present, the mainstream price of reduced lead is 13500 Mel 13550 yuan / ton to the factory, the profit of the recycled lead smelter is meagre, while the discount of recycled refined lead is shrinking, and the average price discount of SMM1# lead to 300 yuan / ton, there is a general reluctance to sell in recycled lead smelters, and the trading of reduced lead and recycled refined lead is light.