SMM News on August 17:

Today, suggested price adjustments in the secondary refined lead market diverged, with online prices raised by 0-100 yuan/mt. Sentiment games between upstream and downstream were evident: although downstream purchase willingness improved, buyers resisted a rise in lead prices; upstream suppliers were bullish and expected prices to increase. Most actual market transactions were concluded at discounts of 100-50 yuan/mt against the SMM #1 lead average price, while mainstream quotations were at discounts of 50-0 yuan/mt. Today, the SMM secondary refined lead average price was 15,650 yuan/mt, a discount of 50 yuan/mt against the SMM #1 lead average price. Suppliers’ willingness to sell was 1.54, and today’s secondary refined lead purchasing sentiment was 2.09 (historical data can be queried by logging into the database).
![August 17 Scrap Battery Market Transaction Summary [SMM Daily Review]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)


