SMM, February 14:
After the Lantern Festival, battery scrap recyclers gradually resumed operations. However, secondary lead smelters reported that recyclers had not fully returned to work, resulting in poor daily arrivals. According to recyclers, the current period is the off-season for scrapping lead-acid batteries, coupled with store owners holding back sales in anticipation of price increases, leading to low purchase volumes. As of February 14, 2025, the mainstream tax-inclusive purchase price for EV battery scrap ranged from 9,950-10,150 yuan/mt.
Since smelters selling secondary crude lead have not fully resumed operations, market supply remains tight. As of February 14, 2025, the mainstream tax-inclusive delivery-to-factory price ranged from 16,700-16,850 yuan/mt. Some lead alloy smelters reported hearing offers from traders for imported crude lead, with tax-inclusive prices at a discount of 100 yuan/mt against the SMM 1# lead average price, deliverable to the factory.
![El plomo en la LME repunta y cierra con una subida del 0,45 %, el plomo en la SHFE lucha por seguir el ritmo y la sesión nocturna termina con una pequeña vela bajista [SMM Lead Morning Update]](https://imgqn.smm.cn/usercenter/PKFMX20251217171721.jpg)
![Inventario social de plomo aumenta; los precios del plomo se mantienen estancados en máximos con una desaceleración en las ganancias [Resumen de la reunión matutina de plomo de SMM]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
