SMM, July 20:
Shanghai lead morning trading pressure 20 average 14763 yuan / ton horizontal adjustment. Due to the tight supply of waste batteries, the price is still firm. The price of reduced lead has fallen sharply with the lead price, and the discount for recycled refined lead has shrunk somewhat. The average price discount for SMM1# lead is 200mur300 yuan / ton. There is a general reluctance to sell in recycled lead refineries, while it is just needed downstream, and trading is light.