Secondary Lead: Suppliers offer limited discounts on quotes, downstream purchases follow demand [SMM Lead Daily Review]

Published: Aug 10, 2026 13:28

Save

SMM August 10:

Today, most market participants suggested keeping online prices stable. Mainstream spot order sources were offered at discounts of 25-50 yuan/mt to the SMM #1 lead average price, and shipments still faced pressure. Downstream purchases were based on demand, with limited willingness to proactively purchase, and overall trading performance was average. Today, the SMM secondary refined lead average price was reported at 15,550 yuan/mt, at a discount of 25 yuan/mt to the SMM #1 lead average price. The supplier selling sentiment was 1.07, and today's secondary refined lead purchasing sentiment was 1.21 (historical data can be accessed in the database).

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.

Images in this article contain AI-translated captions for reference only.

For any inquiries or for 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

1 hour ago

Scrap Battery Prices Hold Steady, Market Watching Subsequent Smelter Price Adjustments.

1 hour ago

5 hours ago

Positive factors exhausted, both LME and SHFE lead pull back [SMM Lead Morning Brief]

[SMM Lead Morning Briefing: Early bullish factors exhausted, LME lead and SHFE lead both pulled back] SMM, August 10: Last Friday, LME lead opened at $1,870/mt, and continued the consolidation pattern from the previous trading day throughout the day......

5 hours ago

Delivery Inventory Buildup Pressures, Short-Term Lead Prices Will Consolidate on a Subdued Note [SMM Lead Morning Meeting Summary]

[SMM Lead Morning Meeting Summary: Delivery-Driven Inventory Buildup Puts Pressure on Short-Term Lead Prices, Which Will Consolidate on a Subdued Note] According to US media: Trump has delayed military action against Iran, saying he is "handling the Iran issue quietly." Recently, social inventory of lead ingots has been accumulating, which is a normal phenomenon before the delivery of SHFE lead...

5 hours ago