SMM, July 24th:

Shanghai lead morning trading overall along the daily moving average at 14900won 15000 yuan / ton horizontal volatility. Due to the tight supply of waste batteries, the price remains high. The price of reduced lead increases slightly with the price of lead, and the supply is tight, and the discount for recycled refined lead is still maintained at 100,200 yuan / ton for SMM1# lead, and more than 200 yuan / ton for some refineries. Recycled refinery multi-pressure goods to rise, downstream fear of falling carefully, light trading.