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Home / Metal News / Secondary Lead: Few Quotations from Refined Lead Suppliers, Sluggish Spot Order Market Transactions [SMM Lead Midday Review]
Secondary Lead: Few Quotations from Refined Lead Suppliers, Sluggish Spot Order Market Transactions [SMM Lead Midday Review]
May 14, 2025 11:44Source:SMM
[SMM Lead Midday Review: Few Quotations from Refined Lead Suppliers, Sluggish Spot Order Market] SMM reported on May 14: In the morning, only a few enterprises offered quotations, with ex-factory prices at a premium of 50 yuan/mt against the SMM 1# lead average price. Downstream enterprises showed average willingness to inquire about prices.
SMM, May 14:
Today, the SMM 1# lead average price remained unchanged from yesterday at 16,750 yuan/mt, with the price difference between primary metal and scrap at 25 yuan/mt. Currently, the trading atmosphere in the secondary lead market is sluggish. Downstream battery producers have poor buying sentiment. Additionally, refined lead suppliers are unwilling to sell at a discount, resulting in low enthusiasm for quoting prices. In the morning, only a few enterprises provided quotes, with ex-factory prices at a premium of 50 yuan/mt against the SMM 1# lead average price. Downstream enterprises have average inquiry willingness. Overall, the trading performance of refined lead is sluggish today.
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