Secondary Lead: Secondary refined lead quotations remained primarily at a premium. Transactions were sluggish today. [SMM Lead Midday Review]

SMM, January 14: Today, the SMM 1# lead average price dropped by 125 yuan/mt from the previous day to 16,475 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt against the SMM 1# lead average price on an ex-factory basis, with quotations in Anhui at a premium of 100 yuan/mt ex-factory and in Henan at a premium of 75 yuan/mt. The ex-factory prices of tax-free refined lead in the market were reported at 15,650-15,750 yuan/mt. Suppliers followed market trends, while downstream enterprises showed insufficient purchasing interest. Some battery producers had mostly completed stockpiling, and the trading of secondary lead was sluggish today. 》Subscribe to view historical SMM metal spot prices