Secondary Lead: Some Refined Lead Suppliers Anticipate Weaker Lead Prices Next Month, Showing Slight Selling Sentiment [SMM Lead Midday Review]

SMM February 27 News: Today, the SMM 1# lead average price remained unchanged from yesterday at 16,925 yuan/mt. During the early trading session, ex-factory quotations for secondary refined lead were mainly quoted at discounts of 50-0 yuan/mt against the SMM 1# lead price, while some high-bismuth lead was quoted at discounts of 100-75 yuan/mt. Today's ex-factory quotations for tax-free refined lead ranged from 15,850-15,950 yuan/mt, with 15,900 yuan/mt being the mainstream price. Lead prices remained in a consolidation phase, and downstream battery producers showed moderate inquiry sentiment. Some refined lead suppliers, anticipating weaker lead prices next month, exhibited slight destocking sentiment, and transaction performance was moderate. 》Subscribe to view historical SMM metal spot prices