SMM July 29 Shanghai 1 # lead Market KuaiBao

SMM July 29: Shanghai market Jinsha lead 16725 17755 yuan / ton, 1908 contract water 20 50 yuan / ton quotation; Jiangsu and Zhejiang Jijin, Wanyang, Yuguang, Minshan lead 16665 16685 yuan / ton, 1908 contract discount 40 20 yuan / ton. With the fall of the high level of the futures market, coupled with the narrowing of the renewable refined lead discount (250 yuan / ton factory for the average price of SMM1# electrolytic lead), the discount quoted by the holder is also slightly narrowed, while the downstream basically maintains on-demand procurement, and the transaction improvement in the bulk order market is limited.

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