Commodity News
SunSirs: Price Increase in Domestic Spot Lead Market
November 16 2023 13:58:08The quotation range for lead ingot 1 # in the domestic spot lead market is between 16400 to 16550 RMB/ton, with an average price of 16475 RMB/ton, an increase of 100 RMB/ton compared to the previous trading day.
In the early morning trading, Shanghai lead rose by over 1.2%, with the spot market following the upward trend. The downstream peak season in terms of demand has basically ended, and the lead ingot market is currently showing weak supply and demand. Lead ingot inventory is currently in the accumulation stage. In the future, the supply and demand of lead ingots are weak, and the overall market is weak.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-02-07 SunSirs: Approaching Holidays, Lead Prices Were Weak (January 29-February 5)
- 2024-01-30 SunSirs: As the Holiday Approaching, Lead Prices Fluctuated Narrowly (January 19-26)
- 2024-01-24 SunSirs: Supply Was Tight, Leading to a Slight Increase in Lead Prices (January 15-22)
- 2023-12-05 SunSirs: Downstream Was in the Off-Season, and Lead Prices Declined (November 27-December 4)
- 2023-10-25 SunSirs: On October 24th, the Domestic Spot Lead Market Price was Lowered
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