SHANGHAI, Aug. 5 (SMM) – Aluminum prices were mainly between RMB 11,960-11,970/mt in Shanghai on Wednesday, discounts of RMB 40-30/mt over August aluminum on the SHFE, versus RMB 11,930-11,960/mt in Wuxi and RMB 11,960-11,970/mt in Hangzhou. Downstream consumption was sluggish. Prices in Shanghai and Hangzhou held stable, those in Wuxi slipped RMB 10/mt. Ample supply prevented prices from rising.
![From Panic Selling to Holding Back: Supplier Sentiment Reverses as Lead Prices Rebound [SMM Scrap Battery Weekly Review]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)
![Secondary refined lead spot orders tight with firm quotes; raw material issues unresolved, limiting smelter profits [SMM Secondary Refined Lead Weekly Review]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
![Domestic secondary crude lead supply is tight, more enterprises purchasing secondary crude lead turn to overseas sources [SMM Secondary Crude Lead Weekly Review]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)
