SMM Lead Market Update: Refined Lead Transactions Boosted by Downstream Stockpiling Ahead of Chinese New Year

[SMM Lead Market Update: Downstream Stockpiling Improves Refined Lead Transactions as Chinese New Year Approaches]

SMM reported on January 6: Today, the SMM 1# lead average price remained flat WoW at 16,700 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt against the SMM 1# lead average price, ex-factory. The ex-factory prices of tax-free refined lead in the market were reported at 15,950-16,050 yuan/mt, with relatively small changes...