SMM, July 27th:

Shanghai lead swung upward in early trading away from the daily moving average, reaching a high of 15250 yuan / ton. Due to rainstorm weather and transport control reasons, the supply of waste battery is tight, and the price is strong, which has affected the production of some recycled refineries, resulting in a tight supply of reduced lead in some areas. the price has risen sharply with the lead price, and the recycled lead discount has shrunk. The mainstream quotation is in the average price discount of 100,150 yuan / ton for SMM1# lead, and some refineries are quoted at flat level. There are more inquiries downstream, and the trading atmosphere is good.