SMM July 28th return to the original lead market news: Shanghai lead high-level consolidation of waste battery prices rise

Published: Jul 28, 2020 11:32

SMM, July 28th:

Shanghai lead early trading is supported by the intraday moving average and fluctuates horizontally in the range of 15350-15470 yuan / ton. The supply of waste batteries is tight, the purchasing demand of refineries is strong, and the price of waste batteries is rising. The price of reduced lead has risen sharply with the lead price, and the discount of recycled refined lead has been expanded. The mainstream quotation is 100-150 yuan / ton on the average price of SMM1# lead, and the downstream is afraid of falling and careful to adopt, so as to maintain rigid demand.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
SMM July 28th return to the original lead market news: Shanghai lead high-level consolidation of waste battery prices rise - Shanghai Metals Market (SMM)