SunSirs--China Commodity Data Group

Sign In

Join Now

Home > Commodity News > News Detail
Commodity News
SunSirs: Lead Price Fluctuated Down on April 26
April 27 2022 09:19:16SunSirs(John)

Price trend

On April 26, the quotation range of 1# lead ingot in the domestic spot lead market was around 15,400-15,550 RMB/ton, with an average price of 15,475 RMB/ton, down 125 RMB/ton from the previous trading day.

Analysis review

On the night of the 25th, the bad news on the fundamentals caused the lead in London to drop 1.7%. In the early trading of the 26th, the lead in Shanghai mainly fell, and the spot market follow the fall with it.

From a fundamental point of view, with the gradual recovery of domestic transportation, the market mentality has been boosted, but the downstream has entered the off-season in April, the demand has begun to decline, and it was mainly based on on-demand procurement. Affected by this, the overall domestic market transaction was light and the overall transaction was weak.

If you have any questions, please feel free to contact SunSirs with

Exchange Rate:

8 Industries
Rubber & Plastics
Non-ferrous Metals
Building Materials
Agricultural & Sideline Products