SMM March 17 News:
Today, the SMM 1# lead average price increased by 75 yuan/mt compared to Friday, reaching 17,375 yuan/mt. Secondary refined lead suppliers, due to poor transactions, expanded ex-factory discounts, with mainstream supplies quoted at a discount of 100-75 yuan/mt to the SMM 1# lead price. Today's ex-factory quotes for tax-free refined lead in the market were at 16,300-16,400 yuan/mt. Downstream battery producers maintained restocking based on rigid demand, while refined lead transactions performed poorly today.


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