SMM Lead Midday Review: Smelters Still Have Pre-sale Orders to be Delivered Urgently, Average Daily Transaction Volume of Spot Orders is Moderate Today
Today, the average price of SMM 1# lead is 16,025 yuan/ton, and the price of SMM recycled refined lead remains unchanged from yesterday. Some downstream enterprises are actively purchasing, while some enterprises, due to previous excessive purchases, are still pending delivery by smelters. In Anhui province, some holders of high bismuth lead are offering a 50 yuan/ton premium over the average price of SMM 1# lead for delivery; in Henan province, holders of low bismuth lead are offering a premium over the average price of SMM 1# lead.
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