SMM, October 28:
Today, the secondary refined lead online price is recommended to remain flat. The tax-inclusive ex-works reference quote is at a discount of 100-0 yuan/mt to the SMM #1 lead ex-works price, with downstream intended purchases at 16,100 yuan/mt. Constrained by insufficient input tax credits and scarce spot orders, some sellers have no shipment quotes for the time being; market supply is limited, and transactions are weak. Today, the SMM secondary refined lead average price is 16,175 yuan/mt, a discount of 100 yuan/mt to the SMM #1 lead average price. Supplier selling sentiment is 1.79, and today's secondary refined lead purchasing sentiment is 1.04 (historical data can be queried in the database).
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