SHANGHAI, Sep 7 (SMM) – Social inventories of primary lead in Shanghai and Guangdong grew over 800 mt from a week ago to stand at 10,500 mt as of Friday September 7, SMM data showed.
As consumption rose steadily, lead-acid battery producers purchased raw materials on demand this week and favoured cheaper secondary lead.
Secondary lead smelters in Anhui and Jiangxi provinces stepped up production and smelters rushed to offload cargoes after lead prices came off from early highs. This widened the price spread between secondary and primary materials. Discounts of secondary refined lead against SMM #1 primary lead stood around 200 yuan/mt as of Friday.
![Les baissiers renforcent leurs positions pour faire pression sur le contrat plomb 2612 du SHFE, dans le marasme au cœur d'un bras de fer du marché [Bref commentaire sur les contrats à terme sur le plomb]](https://imgqn.smm.cn/usercenter/yqTpQ20251217171721.jpeg)

