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Trends of Today's Lead Market
2021-4-21

Apr 21 - With the high lead price stabilizing today, there is a regional difference in the quotation discount of electrolytic lead market: a small number of smelters in Hunan have slightly increased prices due to factors such as tight raw materials and low warehouse inventory, and there is a large discount source in Henan trade market.


However, the overall trading activity of the market is low, and the transaction is limited due to the buyer's wait-and-see attitude and insufficient willingness to replenish the treasury. Although the tightening of the supply side gives certain support to the lead price, the driving force for the lead price to continue to rise is slightly insufficient, and it is necessary to be alert to the risk of falling back after the rising to the high.(LTIT)

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