SHANGHAI, Nov 2 (SMM) - Today, the average price of SMM1# lead was 16375 yuan/mt, and the price of SMM secondary refined lead was 50 yuan/mt higher than yesterday. Most sellers raised prices by 50 yuan/mt, but some expanded discounts by 75 yuan/mt.
The low bismuth lead quotations in Anhui, Henan and other regions were with a discount of about 175 yuan/mt against SMM1# lead, and the high bismuth lead discounts were 225 -250 yuan/mt.
The mainstream ex-factory prices of low-bismuth refined lead in the market were 15200-15250 yuan/mt excluding tax, and the ex-factory prices of high-bismuth lead excluding tax were 15150-15240 yuan/mt. Downstream companies mainly purchased under long-term orders as opposed to small orders.
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