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Home / Metal News / Secondary Refined Lead Ex-Factory Tax-Included Quotations Mainly at Premiums, Most Enterprises Operating at a Loss [SMM Lead Weekly Review]
Secondary Refined Lead Ex-Factory Tax-Included Quotations Mainly at Premiums, Most Enterprises Operating at a Loss [SMM Lead Weekly Review]
Jan 10, 2025 16:07[SMM Lead Weekly Review: Secondary Refined Lead Ex-Factory Tax-Included Quotations Mainly at Premiums, Most Enterprises in Loss-Making Status] SMM, January 10: During the week, secondary refined lead suppliers adjusted their quotations according to market trends, with tax-included prices mainly at premiums of 0-100 yuan/mt against the SMM 1# lead average price ex-factory. Downstream enterprises showed average purchasing willingness, with a strong wait-and-see sentiment and low stockpiling efforts before the holiday………
SMM, January 10:
This week, secondary refined lead suppliers adjusted their offers based on market conditions, with tax-inclusive prices mostly showing premiums of 0-100 yuan/mt ex-factory against the SMM 1# lead average price. Downstream enterprises showed moderate purchasing willingness, with a strong wait-and-see sentiment and low stockpiling efforts before the holiday. Lead prices fluctuated downward, while battery scrap prices followed with limited declines, leaving most secondary lead smelters in a loss-making state. As of January 10, 2025, the theoretical comprehensive profit and loss value for large-scale secondary lead enterprises stood at 184 yuan/mt, while for small and medium-sized secondary lead enterprises, it was -9 yuan/mt.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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