Spot Lead Prices Strengthened Then Weakened During the Week, Tight Scrap Battery Raw Material Supply Supported Smelter Purchase Prices [SMM Scrap Battery Weekly Review]

Published: Jun 5, 2026 14:40

Save

SMM June 5 News:

Lead spot prices fluctuated at highs from the beginning of the week to mid-week, then pulled back sharply near the weekend. Compared with the weakening lead prices, smelters' scrap battery purchase prices showed resistance to declines, with mainstream reductions concentrated in the range of 50-100 yuan/mt.

This week, recyclers saw no improvement in collected supplies, and arrivals at smelters remained low. Combined with rising expectations that multiple secondary lead smelters would resume production in June, raw material procurement demand increased, supporting smelters in holding prices firm for purchases. Driven by the decline in spot prices, some recyclers sold accordingly, and arrivals at smelters recovered slightly, but circulating supplies in the market remained tight. Looking ahead to next week, smelters' restocking demand persists, and scrap battery purchase prices are expected to remain relatively stable.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 mins ago

Cost Floor Combined with Stubborn Off-Season Weakness, Secondary Crude Lead Fluctuates Downward in Short Term [SMM Secondary Crude Lead Weekly Review]

3 mins ago

13 mins ago

Supply Lifts, Demand Weak; Secondary Lead Inventory Accumulates [SMM Secondary Lead Inventory Weekly Review]

13 mins ago

37 mins ago

Chongqing Gov't Launches 1.1M Yuan Tender for UPS and Lead-Acid Batteries for Fengjie County Public Security Bureau

[Lead-acid Battery Market Update] Recently, the Chongqing Municipal Government Procurement Network issued a tender announcement, officially launching an open tender for the Fengjie County Public Security Bureau server room UPS and supporting battery procurement project (Project No.: FJX26A00062), with a total budget and maximum price both set at 1.1 million yuan. According to the tender documents, the procurement scope includes a 300kVA modular online double-conversion UPS system and 12V200Ah valve-regulated sealed lead-acid batteries.

37 mins ago