Secondary lead Offers differed a lot

SHANGHAI, Sep 18 (SMM) - Today, the SMM price of secondary refined lead rose 100 yuan/mt from yesterday. Offers differed a lot. Downstream purchases were cautious, muting trades under small orders.

The ex-factory quotation in Ningxia was 16,500 yuan/mt. The highest price for low-bismuth lead in Anhui was quoted flat at the average SMM #1 lead price, and the lowest price for high-bismuth lead was quoted at 16,300 yuan/mt, including tax. The high-bismuth lead price in Guangxi was 16,350 yuan/mt. In Henan, the ex-factory price of refined lead was 16,550 yuan/mt. The market quotations for high-bismuth lead excluding tax were 15,500-15,650 yuan/mt.