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Home / Metal News / Secondary Lead: Weak Supply and Demand in the Spot Market, Refined Lead Transactions Sluggish Today [SMM Lead Midday Review]
Secondary Lead: Weak Supply and Demand in the Spot Market, Refined Lead Transactions Sluggish Today [SMM Lead Midday Review]
Jan 24, 2025 11:17[SMM Lead Midday Review: Weak Supply and Demand in the Spot Market, Refined Lead Transactions Sluggish Today] SMM, January 24: Today, the SMM 1# lead average price increased by 50 yuan/mt compared to yesterday, reaching 16,650 yuan/mt. The spot market saw weak supply and demand; suppliers have entered holiday mode, with few quotes for secondary refined lead. Quotes for certain low-bismuth lead sources showed a premium of 50 yuan/mt ex-factory...
SMM January 24 News:
Today, the SMM 1# lead average price increased by 50 yuan/mt from yesterday to 16,650 yuan/mt, with sluggish supply and demand in the spot market. Suppliers have entered holiday mode, and quotes for secondary refined lead are scarce, with individual low-bismuth lead sources quoted at a premium of 50 yuan/mt ex-factory. The suggested ex-factory price for tax-free refined lead in the market ranges from 15,650 to 15,800 yuan/mt. Downstream battery producers have largely ceased procurement, and secondary lead transactions remain sluggish.
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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