The decline of lead price slowed down on May 17

On May 17, the quotation range of 1# lead ingots in the domestic spot lead market was about 14800-14900 yuan / ton, and the average price was 14850 yuan / ton, unchanged from the previous trading day.

 

In terms of demand, at present, the battery has entered the traditional off-season market, the domestic sales situation is general, while the recent performance of foreign orders is also weak, the off-season performance is obvious, and the support for the demand for lead ingots is limited. With the price falling all the way, there are some low-price inquiries in the market, but the overall trading is on the sidelines. On the whole, the metal market is under pressure as a whole, and it is expected that the trend will be weak and volatile in the short term. The price fluctuation in the off-season is mainly affected by the futures market. At present, the metal market is under pressure as a whole, and it is expected to be weak and volatile in the short term.

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