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.
