Secondary Lead: Sluggish Consumption Combined with Year-End Closing, Refined Lead Suppliers Report Difficulties in Sales [SMM Lead Midday Review]
Dec 26, 2024 12:06 Source:SMM
[SMM Lead Market Midday Review: Sluggish Consumption Combined with Year-End Closing, Refined Lead Suppliers Report Difficulties in Sales] SMM, December 26: Today, the SMM 1# lead average price increased by 50 yuan/mt compared to yesterday, reaching 17,275 yuan/mt. Mainstream ex-factory quotations for secondary refined lead with tax were quoted at discounts of 50-0 yuan/mt against the SMM 1# lead average price, with some quoted at premiums of 25 yuan/mt ex-factory………
SMM December 26 News: Today, the SMM 1# lead average price increased by 50 yuan/mt from yesterday to 17,275 yuan/mt. The mainstream tax-inclusive ex-factory quotations for secondary refined lead were at discounts of 50-0 yuan/mt against the SMM 1# lead average price, with some quoted at premiums of 25 yuan/mt ex-factory. The tax-exclusive ex-factory prices for refined lead in the market ranged from 16,300 to 16,500 yuan/mt. Due to year-end closing combined with moderate consumption performance, downstream enterprises showed low willingness to purchase, and traders and smelters reported increasing difficulties in selling recently.
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