Secondary lead: Spot discounts for secondary refined lead expanded to around 170 yuan/mt amid sluggish markets

Published: Mar 19, 2024 13:33

Source: SMM

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Today, the average price of SMM1# lead is 16,100 yuan/mt, and the price of SMM secondary refined lead fell by 30-50 yuan/mt.

Today, the average price of SMM1# lead is 16,100 yuan/mt, and the price of SMM secondary refined lead fell by 30-50 yuan/mt. The mainstream price is still at a discount of 50-100 yuan/mt against the average price of SMM1# lead by ex-factory.

The downstream battery manufacturers in the south China market were less enthusiastic about purchasing goods. The holders of secondary refined lead quoted a discount of 170-150 yuan/mt, but the transaction is still moderate.

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