Market sentiment weakens, scrap battery trading is sluggish.

SMM, July 22 –

Secondary lead prices face expectations of a downward adjustment, and market sentiment is weakening. Recyclers are becoming more cautious in purchasing, fearing that a market pullback could cause losses, and dare not collect in large volumes. Available circulating supply in the market is limited, with small collectors and repair shops resisting selling at low prices and holding back from selling while waiting. Downstream smelters are only maintaining just-in-time procurement, with no plans for centralized restocking yet. The supply-demand situation is in a stalemate, scrap battery prices are under pressure in the short term, and the market is consolidating on a subdued note.