Secondary Lead: Market sentiment for quotations is low, and spot order transactions for secondary lead are poor [SMM Lead Midday Review]

Published: Jun 9, 2025 11:58

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[SMM Lead Midday Review: Market Quotation Sentiment Low, Poor Spot Order Transactions for Secondary Refined Lead] SMM reported on June 9: Today, the SMM 1# lead average price rose by 25 yuan/mt from the level before the holiday to 16,525 yuan/mt. The overall market quotation sentiment was low. The ex-factory prices of mainstream secondary refined lead were mainly on par with the SMM 1# lead average price, and the price difference between primary metal and scrap was 0 yuan/mt.

SMM, June 9:

Today, the SMM 1# lead average price increased by 25 yuan/mt from the level before the holiday to 16,525 yuan/mt. The overall market sentiment for quoting prices was low. The ex-factory prices of mainstream secondary refined lead were mainly on par with the SMM 1# lead average price, with a price difference between primary metal and scrap of 0 yuan/mt. The ex-factory prices (excluding tax) ranged from 15,550 to 15,650 yuan/mt. Downstream battery producers adopted a wait-and-see attitude and were cautious in purchasing, mainly focusing on immediate needs. The transaction volume of secondary refined lead spot orders was poor.

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