Secondary Lead: Refined Lead Suppliers Follow Market Trends, Downstream Enterprises Make Sporadic Purchases [SMM Lead Midday Review]

SMM, January 15: Today, the SMM 1# lead average price increased by 100 yuan/mt from yesterday to 16,575 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 premiums of 100 yuan/mt ex-factory, Henan at premiums of 25 yuan/mt, and Guangxi at premiums of 50 yuan/mt. The ex-factory prices of tax-free refined lead in the market were reported at 15,750-15,800 yuan/mt. Suppliers followed market trends, while downstream enterprises showed insufficient purchasing interest. Some battery producers had mostly completed stockpiling, and only sporadic transactions of secondary lead were recorded today.

》Subscribe to view historical SMM metal spot prices