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Secondary Lead: Sellers' quotes maintained at a discount of around 150 yuan/mt, downstream enterprises purchased as needed [SMM Lead Midday Review]

Published: Aug 1, 2024 13:56
Source: SMM
Today, the average price of SMM #1 lead was flat compared to yesterday at 19,400 yuan/mt.

Today, the average price of SMM #1 lead was flat compared to yesterday at 19,400 yuan/mt. Mainstream secondary refined lead was quoted at a discount of 150-200 yuan/mt to the average price of SMM #1 lead (ex-factory); ex-factory prices excluding tax were reported at 18,299-18,500 yuan/mt.

Downstream enterprises purchased as needed, and secondary lead smelters reported moderate transactions.

Market review

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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