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Secondary Lead: Lead Prices Remained Weak with Few Quotations in the Spot Market

Published: Jun 24, 2022 13:46
Source: SMM
Lead prices remained weak today, while the prices of lead-acid battery scrap were high.

SHANGHAI, Jun 24 (SMM) -

Lead prices remained weak today, while the prices of lead-acid battery scrap were high.

The secondary refined lead smelters were less active in selling cargoes with a sharp fall in quotations. Some smelters stood firm to the prices in order to consume finished product inventory.

The mainstream quotations of the secondary refined lead stood at the discounts of 175-0 yuan/mt (tax included), and the downstream purchased on rigid demand with modest transactions in the spot market.

Spot

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.

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