Secondary lead: Secondary lead enterprises have low willingness to sell, and quoters offer a high premium against the SMM 1# lead average price [SMM lead midday review]

Published: Jul 16, 2025 12:02

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SMM July 16 News:

Today, the SMM 1# lead average price fell by 100 yuan/mt from yesterday to 16,750 yuan/mt. Refined lead suppliers offered firm quotes, with most choosing not to sell. The mainstream tax-included cargo in the market was priced at a premium of 50-100 yuan/mt against the SMM 1# lead average price for ex-factory delivery, while the tax-excluded price was around 15,850 yuan/mt for ex-factory delivery. Due to the low willingness to sell among secondary lead enterprises and the cautious procurement stance of downstream enterprises, transactions were poor today.

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