Secondary lead smelters are less enthusiastic about selling and transactions situation has not changed much

Telah Terbit: Sep 26, 2023 17:44
Today, the  SMM price of secondary refined lead is the same as yesterday, and sellers have little inventory left; downstream companies have almost completed stockpiling for the holidays.

SHANGHAI, Sep 26 (SMM) - Today, the SMM price of secondary refined lead is the same as yesterday, and sellers have little inventory left; downstream companies have almost completed stockpiling for the holidays.

The ex-factory price of refined lead in Sichuan was 16,300 yuan/ton, and the transaction volume was low.

The ex-factory price of high-bi lead without tax in Inner Mongolia was about 15,250 yuan/ton, and the price on a delivery to factory basis in Hebei was 15,400 yuan/ton.

The supply of refined lead under small orders in Ningxia was limited, and the price was around 16,450 yuan/ton, but no transaction occurred.

Inventories at smelters in Guangxi, Hunan, Guizhou and Jiangxi were limited and there are few quotations.

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Secondary lead smelters are less enthusiastic about selling and transactions situation has not changed much - Shanghai Metals Market (SMM)