Secondary Crude Lead Trading Weakened, Import Window Closed and Supply Declined [SMM Secondary Crude Lead Weekly Review]

Published: Apr 30, 2026 18:08

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SMM April 30 update:

This week, mainstream transaction prices of domestic ordinary secondary crude lead (tax-exclusive) were 15,250-15,350 yuan/mt, with overall subdued downstream procurement. Previously contracted imported crude lead arrived at ports, supplementing the spot market. The current lead import window is closed, with very few new orders signed. Looking ahead to next week, secondary lead supply in China is expected to remain generally stable, and the inflow of ex-China sources is expected to further pull back.

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.

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