Secondary lead Offers differed a lot

Published: Sep 18, 2023 17:55
Today, the SMM price of  secondary refined lead rose 100 yuan/mt from yesterday.

SHANGHAI, Sep 18 (SMM) - Today, the SMM price of secondary refined lead rose 100 yuan/mt from yesterday. Offers differed a lot. Downstream purchases were cautious, muting trades under small orders.

The ex-factory quotation in Ningxia was 16,500 yuan/mt. The highest price for low-bismuth lead in Anhui was quoted flat at the average SMM #1 lead price, and the lowest price for high-bismuth lead was quoted at 16,300 yuan/mt, including tax. The high-bismuth lead price in Guangxi was 16,350 yuan/mt. In Henan, the ex-factory price of refined lead was 16,550 yuan/mt. The market quotations for high-bismuth lead excluding tax were 15,500-15,650 yuan/mt.

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
Geopolitical Tensions Eased, LME Lead Jumped to a Nearly Half-Month High [SMM Lead Morning Brief]
35 mins ago
Geopolitical Tensions Eased, LME Lead Jumped to a Nearly Half-Month High [SMM Lead Morning Brief]
Read More
Geopolitical Tensions Eased, LME Lead Jumped to a Nearly Half-Month High [SMM Lead Morning Brief]
Geopolitical Tensions Eased, LME Lead Jumped to a Nearly Half-Month High [SMM Lead Morning Brief]
[SMM Morning Lead Briefing: Easing Geopolitical Tensions Push LME Lead to a Near Half-Month High] SMM, April 2: Overnight, LME lead opened at $1,913/mt. As the market expected geopolitical tensions outside China to ease, the overall center of LME lead moved higher......
35 mins ago
Macro Tailwinds Boosted Lead Prices; Follow-Up Attention on Fundamental Alignment [SMM Lead Morning Meeting Minutes]
35 mins ago
Macro Tailwinds Boosted Lead Prices; Follow-Up Attention on Fundamental Alignment [SMM Lead Morning Meeting Minutes]
Read More
Macro Tailwinds Boosted Lead Prices; Follow-Up Attention on Fundamental Alignment [SMM Lead Morning Meeting Minutes]
Macro Tailwinds Boosted Lead Prices; Follow-Up Attention on Fundamental Alignment [SMM Lead Morning Meeting Minutes]
[SMM Lead Morning Meeting Summary: Macro Tailwinds Boosted Lead Prices Higher; Follow-up Focus on Alignment With Fundamentals] US President Trump said he would consider a ceasefire only if the Strait of Hormuz were opened. Recently, there have been signs of easing geopolitical tensions outside China, and market risk aversion sentiment has weakened, leading to a relative rebound in nonferrous metals, among which imported lead has flowed into the Chinese market...
35 mins ago
Driven by increased long positions, the most-traded SHFE lead 2605 contract showed a unilateral upward trend today [Brief Review of Lead Futures]
17 hours ago
Driven by increased long positions, the most-traded SHFE lead 2605 contract showed a unilateral upward trend today [Brief Review of Lead Futures]
Read More
Driven by increased long positions, the most-traded SHFE lead 2605 contract showed a unilateral upward trend today [Brief Review of Lead Futures]
Driven by increased long positions, the most-traded SHFE lead 2605 contract showed a unilateral upward trend today [Brief Review of Lead Futures]
17 hours ago