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Secondary Lead: Suppliers Show Low Sentiment for Selling, Secondary Refined Lead Supplies Lack Competitive Edge in Transactions [SMM Lead Midday Review]

iconMay 21, 2025 11:58
Source:SMM
[SMM Lead Midday Review: Suppliers Show Low Sentiment for Selling, Secondary Refined Lead Supply Lacks Competitive Edge in Transactions] SMM reported on May 21: Today, the SMM 1# lead average price rose by 75 yuan/mt from yesterday to 16,725 yuan/mt, with a price difference between primary metal and scrap of 50 yuan/mt. The sentiment for selling in the secondary lead market was low. The mainstream ex-factory quotations, including tax, were mainly quoted at discounts of 50-0 yuan/mt against the SMM 1# lead average price, with a few supplies quoted at a discount of 100 yuan/mt.

SMM, May 21:

Today, the SMM 1# lead average price increased by 75 yuan/mt from yesterday to 16,725 yuan/mt, with a price difference between primary metal and scrap of 50 yuan/mt. The sentiment in the secondary lead market for shipments was low, with the mainstream tax-inclusive ex-factory quotations quoted at discounts of 50-0 yuan/mt against the SMM 1# lead average price, and individual supplies quoted at a discount of 100 yuan/mt. Downstream battery producers maintained their purchases based on immediate needs. As some primary lead supplies were also quoted at discounts, secondary refined lead supplies did not have an advantage in terms of transaction volume.

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