SMM October 23 other areas lead market situation KuaiBao

Published: Oct 23, 2019 12:01

Save

SMM, 23 Oct:

Guangdong market South China lead 16700 yuan / ton, to SMM1# lead average price flat quotation; South Reserve Jinsha 16755 yuan / ton, to 1911 contract discount 20 yuan / ton; South Reserve South 16715-16725 yuan / ton, to 1911 contract discount 60-50 yuan / ton; lead price continues to weaken, stimulate part of the downstream bargain purchase, and recycled lead price advantage, the market trading atmosphere is slightly better.

Henan Yuguang, Wanyang and other smelters are mainly long single transactions; Jinli 16550-16600 yuan / ton, the average price of SMM1# lead discount 150-100 yuan / ton quotation. Lead prices fell, primary lead refineries sold at low prices, some intend to narrow the price discount, downstream is received on demand, the overall transaction to long single.

Other areas such as: Hunan Shuikoushan 16650-16670 yuan / ton, the average price of SMM1# lead 50-30 yuan / ton quotation (traders); Jiangxi copper industry 16700 yuan / ton, the average price of SMM1# lead flat quotation; Yunnan Zhenxing 16400 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 19:50

Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses

Lead prices were in the doldrums, while secondary lead smelters maintained firm offers due to losses. The mainstream spot order ex-factory prices including tax narrowed the discount to the SMM #1 lead average price by 100 yuan/mt, shifting to a premium of 0–25 yuan/mt, with some smelters halting offers and sales.

Feb 6, 2026 19:50

Feb 6, 2026 19:49

"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"

Pre-holiday stockpiling by downstream enterprises had largely concluded, and a few had already entered the holiday period, completely suspending procurement. Next week, secondary lead smelters will enter a concentrated wave of production halts and holidays, resulting in sluggish trading activity in the spot market. Offers for spot refined lead orders were sparse, with prices moving in line with the market.

Feb 6, 2026 19:49

Feb 6, 2026 19:48

Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt

The domestic secondary crude lead market experienced sluggish transactions. As of February 6, 2026, the ex-factory tax-exclusive offers for domestic secondary crude lead stood at 15,250-15,400 yuan/mt. Downstream refined lead and alloy smelters gradually entered the holiday period, showing weak stockpiling willingness. Overseas lead ingot suppliers basically halted transactions with China due to poor consumption in the Chinese market, with only some previously concluded shipments maintaining normal in-transit transportation. The trading atmosphere in the secondary crude lead market will continue to weaken next week.

Feb 6, 2026 19:48