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Home / Metal News / Secondary Lead: Limited Refined Lead Quotations as Downstream Battery Producers Remain Cautious [SMM Lead Midday Review]
Secondary Lead: Limited Refined Lead Quotations as Downstream Battery Producers Remain Cautious [SMM Lead Midday Review]
Feb 21, 2025 11:51[SMM Lead Midday Review: Limited Refined Lead Quotations, Downstream Battery Producers Cautious in Procurement] SMM, February 21: Today, the SMM 1# lead average price increased by 50 yuan/mt compared to yesterday, reaching 16,900 yuan/mt. Quotations for secondary refined lead were limited, with ex-factory quotations during the morning session mainly at discounts of 50-0 yuan/mt against the SMM 1# lead price, and individual sources quoted at a discount of 100 yuan/mt ex-factory...
SMM News on February 21:
Today, the SMM 1# lead average price increased by 50 yuan/mt from yesterday to 16,900 yuan/mt. There were few quotations for secondary refined lead, with ex-factory quotations during the morning session mainly at discounts of 50-0 yuan/mt against the SMM 1# lead price, and individual sources quoted at a discount of 100 yuan/mt ex-factory. The mainstream ex-factory quotations for refined lead excluding tax were at 15,850-15,950 yuan/mt. Downstream battery producers were cautious and adopted a wait-and-see approach, resulting in limited transactions for refined lead.
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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