flowercityarcade| Yangtze River Nonferrous Metals: Lead prices rose on the 20th and high downstream prices made it difficult to purchase on demand

Today's Shanghai futures lead trendflowercityarcade: Today, Shanghai lead futures surged rapidly at the opening, then fell back, fluctuated and stabilized. The opening price of the Shanghai lead contract for the month of 2406 was 18785 yuan, with a high of 19060 yuan, a low of 18680 yuan, and the settlement price was 18855 yuan, closing at 18820 yuan/ton, up 70 yuan, or 0flowercityarcade.37%。Today, the trading volume of the Shanghai Lead 2406 contract was 20013 lots, and the position of 19691 lots decreased by 3142 lots. The Shanghai Lead 2407 contract closed at 18830 yuan/ton, up 85 yuan, or 0.45%. The trading volume was 117641 lots, and the position of 82291 lots decreased by 3719 lots. At 15:00 Beijing time, the latest price of Len lead was US$2,312.5, up US$10.

According to today's ccmn lead price statistics, today's ccmn Yangtze River Comprehensive 1 #lead price was reported at 18,480 - 18,580 yuan/ton, with an average price of 18530 yuan, up 50 yuan; Guangdong Nanchu 1 #lead price was reported at 18,660 - 18,760 yuan/ton, with an average price of 18710 yuan, up 125 yuan; Today's spot lead market prices are between 18,400 and 18,760 yuan/ton. Compared with the Shanghai lead 2406 contract, the Shanghai lead 2406 contract is discounted by 445- 85 yuan/ton, and the Shanghai lead 2407 contract is discounted by 440- 80 yuan/ton.

ccmn lead market analysis: Domestic spot lead prices rose today. Under the disturbance of overseas mines and the tight supply of domestic waste batteries, the scale of production reduction in recycled lead smelters has further expanded. The supply of lead ingots has remained tight, and there is limited room to support the correction of Shanghai lead. During the day, Shanghai lead opened rapidly. After rushing high, it quickly fell back and fluctuated and stabilized. The spot market quotes are relatively cautious, but most holders continue to hold prices and ship due to the impact of supply. The acceptance of high prices in the off-season of downstream consumption is limited, and they enter the market on demand for inquiries and small purchases. Spot transactions performed generally. (Yangtze River Nonferrous Metal Network R & D Team Tel: 0592-5668838)