SMM August 4 News:
Scrap battery circulation has been stable with no improvement, lead prices have stabilized, and the recycling end maintains a wait-and-see sentiment on shipments, while smelters' sentiment of pushing for lower prices in procurement persists. Downstream finished lead transactions remain weak, constraining smelters' enthusiasm for raw material stockpiling, and all parties' operations lean conservative. The market lacks clear positive drivers, and trading is dominated by small just-in-need orders. In the short term, scrap battery prices are unlikely to see significant upward momentum and will continue to operate in the doldrums.
![Secondary Lead: Lead Prices Stop Falling and Stabilize, Individual Smelters Report Improved Downstream Purchase Willingness [SMM Lead Daily Review]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
![Downstream Lead-Acid Battery Enterprises Showed Strong Risk-Aversion Sentiment, Lead Ingot Transaction Performance Was Poor [SMM Lead Morning Meeting Minutes]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)
![US Dollar Index Rebounded, LME Lead, under Pressure, Closed Lower [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
