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Home / Metal News / Secondary Lead: Downstream Purchase Willingness Is Poor, Refined Lead Suppliers' Willingness to Sell Is Also Low [SMM Lead Midday Review]
Secondary Lead: Downstream Purchase Willingness Is Poor, Refined Lead Suppliers' Willingness to Sell Is Also Low [SMM Lead Midday Review]
Apr 24, 2025 11:45Source:SMM
SMM Lead Midday Review: Downstream Purchase Willingness Was Poor, and Refined Lead Suppliers' Willingness to Sell Was Also Low. SMM, April 24: Today, the SMM 1# lead average price dropped by 75 yuan/mt to 16,775 yuan/mt compared to yesterday, with the price difference between primary metal and scrap at 25 yuan/mt. Due to high raw material prices and significant cost pressure on secondary lead, suppliers' willingness to sell remained low after the lead price decline, with limited and firm offers.
SMM April 24 News:
Today, the SMM 1# lead average price increased by 25 yuan/mt to 16,800 yuan/mt compared to yesterday, with the price difference between primary metal and scrap at 50 yuan/mt. The sentiment among secondary refined lead suppliers remained low today, with mainstream ex-factory prices at a discount of 50-0 yuan/mt against the SMM 1# lead average price; ex-factory prices excluding tax ranged from 15,750-15,850 yuan/mt. Downstream battery producers made limited purchases, mainly focusing on long-term contract purchases, and refined lead transactions were limited today.
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