In the domestic spot lead market, the quotation range of 1# lead ingot is about 14750-14850 RMB/ton, with an average price of 14800 RMB/ton, down 175 RMB/ton compared with the previous trading day.

Basically, the lead supply has not changed much, and the overall supply is slightly tight. In terms of downstream demand, the battery is still in the traditional seasonal off-season, the sales situation is general, and the support for lead ingot demand is limited. The recent market fluctuations mainly follow the futures market. In early trading today, the futures market fell by more than 1.5%, and the spot market prices generally followed the downward trend.

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