Secondary Lead: Secondary Refined Lead Quotations Are Rare, Sporadic Transactions Today [SMM Lead Midday Review]
Jan 20, 2025 12:06 Source:SMM
[SMM Lead Midday Review: Sparse Quotations for Secondary Refined Lead, Limited Transactions Today] SMM reported on January 20: Today, the SMM 1# lead average price remained flat WoW at 16,675 yuan/mt. The spot market saw weak supply and demand, with mainstream secondary refined lead quoted at premiums of 0-75 yuan/mt against the SMM 1# lead average price on an ex-factory basis. The ex-factory prices of refined lead excluding tax were reported at 15,800-15,880 yuan/mt...
SMM, January 20: Today, the SMM 1# lead average price remained flat WoW at 16,675 yuan/mt. The spot market saw weak supply and demand, with mainstream secondary refined lead quoted at premiums of 0-75 yuan/mt against the SMM 1# lead average price on an ex-factory basis. The ex-factory prices of tax-free refined lead were reported at 15,800-15,880 yuan/mt. Suppliers followed market trends, while most downstream battery producers had largely completed stockpiling, and transactions for secondary lead were sparse.
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