Secondary Lead: Secondary Refined Lead Discounted Ex-Factory, Downstream Purchase Willingness Moderate [SMM Lead Midday Review]

SMM reported on February 10: Today, the SMM 1# lead average price remained flat WoW at 16,925 yuan/mt. During the morning session, mainstream ex-factory quotations for secondary refined lead were quoted at discounts of 50-0 yuan/mt against the SMM 1# lead price, while quotations for certain sources delivered to factories were at premiums of 25-50 yuan/mt. Mainstream ex-factory quotations for tax-free refined lead were at 15,950-16,050 yuan/mt. Downstream battery producers showed weak purchase willingness, and transactions were average. » Subscribe to view historical SMM metal spot prices.