Secondary Lead: Buying and Selling Difficult to Match, Overall Market Transactions Weak [SMM Lead Daily Review]

Published: Jul 28, 2026 13:34

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SMM, July 28 –

The market suggested raising the secondary refined lead online price by 25-75 yuan/mt. Some upstream suppliers quoted 15,600 yuan/mt, holding prices firm for shipments; the mainstream ex-factory transaction price for spot orders was at a discount of 25-0 yuan/mt to the SMM #1 lead average price. Downstream users resisted high-priced cargoes, preferring to purchase more cost-effective primary lead. The willingness to procure secondary lead was sluggish, with purchases and sales difficult to match. Overall market transactions were poor, and the price increase lacked demand support. Today, the SMM secondary refined lead average price was reported at 15,450 yuan/mt, at a discount of 25 yuan/mt to the SMM #1 lead average price. Suppliers' selling sentiment was 0.89, and today's secondary refined lead purchasing sentiment stood at 1.19 (historical data can be accessed by logging into the database).

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