SMM Is Thrilled to Launch Vietnam Lead Ingot CIF Premium

Published: Mar 17, 2025 13:30

Save

Dear Users,

In recent years, Southeast Asian countries have been actively promoting the electrification. Vietnam, as one of the countries with the highest motorcycle usage, is also undergoing a transition in short-distance transportation tools, attracting Chinese enterprises to establish local factories, including e-bike and lead-acid battery companies. This has brought expectations for increased lead consumption. It is understood that Vietnam's lead consumption exceeded 200,000 mt in 2024. However, with Vietnam's current lead smelting capacity, it is difficult to meet the rapidly growing demand for lead, resulting in an annual lead ingot import gap of 100,000-150,000 mt. Although most enterprises currently rely on long-term contracts for importing lead ingots into Vietnam, the spot order market is expected to become increasingly active with the commissioning of new factories. To keep pace with the development of Vietnam's lead market and reflect real changes in spot transactions, SMM plans to release the Vietnam Lead Ingot CIF Premium.

The SMM Vietnam Lead Ingot CIF Premium is formed and published by SMM based on its methodology and can be used by trading parties as an indicative price reference for trade settlement of Vietnam lead ingot CIF premiums. This price reflects the spot price range of actual or potentially tradable transactions at the time of publication on each full working day, specifically the Vietnam Lead Ingot CIF Premium. The price has been officially launched on March 17, 2025, and historical prices will be available on the SMM website (smm.cn). The price will be published on each Chinese statutory working day at 11:35 a.m.

Price Definition: CIF to Vietnam, the trade premium of LME-registered lead ingot brands relative to the LME cash price. The main unloading ports for Vietnam lead ingots include Haiphong Port, Quang Ninh Port, and Ho Chi Minh City Port, with enterprises selecting the destination port based on their geographical location.

SMM will continue to monitor changes in the lead industry chain market and optimize SMM prices to better serve the industry! For any questions regarding prices, please contact Lead Analyst Wenming Xia at 021-51666839.

SMM Information & Technology Co., Ltd.
Lead Research Team

March 17, 2025

lead prices lead concentrates

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

On 27th Jan, Kim Long Motor and BYD entered into strategic partnership, opening BYD’s first EV battery plant in Vietnam

Under the agreement, China’s BYD Battery, a global leader in green vehicles, will transferring technical expertise and transfer battery technology for the project while Vietnam’s Kim Long Motor will in charge of financing and developing energy battery manufacturing plant. The project is intended to help Vietnamese companies progressively develop their own battery production capabilities. After completion, the BYD battery facility is projected to enable Kim Long Motor to raise its localization rate to more than 80% by Q2 2026.

1 hour ago

4 hours ago

Data: SHFE, DCE market movement (Mar 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Mar , 2026

4 hours ago

Overview of the new tax rebates for battery exports from China, effective from 1 April 2026.

On 9 January, China’s Ministry of Finance and the State Taxation Administration released a new export tax rebate policy. From 1 April 2026, China’s export tax rebates of up to 13% for solar battery panels will be rolled back, while the rebate rate for battery products will be reduced from 9% to 6%. The complete phase-out of tax rebates for the above-listed products is scheduled for 1 January 2027. This policy aims to negate price distortions emerged in overseas battery markets, which have long affected the profit margins of domestic manufacturers.

4 hours ago