Secondary lead: Supplier quotes are not firm, and parity ex-factory prices are generally open to negotiation [SMM Lead Midday Review]

Published: Jul 10, 2025 12:02

Save

SMM July 10 News:

Today, the SMM 1# lead average price remained unchanged from yesterday at 17,000 yuan/mt. Mainstream cargoes were offered at a discount of 50-0 yuan/mt against the SMM 1# lead average price on an ex-factory basis, with some cargoes offered at a discount of around 150 yuan/mt. The ex-factory prices excluding tax were around 16,000 yuan/mt. Suppliers' quotations were not firm, and those offering on par with the market generally accepted price negotiations, ultimately resulting in transactions at a small discount. Downstream enterprises showed moderate willingness to purchase, mainly for restocking based on immediate needs.

》Subscribe to view historical SMM metal spot prices

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

Feb 14, 2026 09:19

SMM Chinese New Year Holiday Price Update Notice

As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.

Feb 14, 2026 09:19

Feb 13, 2026 17:19

SMM February 13 EV Battery Market Summary [SMM Evening News]

Feb 13, 2026 17:19

Feb 13, 2026 17:02

Pre-Holiday Trading Atmosphere Sluggish, SHFE Lead Records Doji [Lead Futures Brief Review]

Feb 13, 2026 17:02