[SMM Flash News] Lead prices moved sideways in the second half of the week. The willingness to sell of China's refined lead smelters improved, and they actively inquired about market reference quotes. However, due to limited spot order inventory, quotes remained firm. Additionally, with a significant decline in primary lead smelter's in-plant inventory and some downstream sectors' fear of price increases, secondary refined lead became a supplement. As the 25th of the month-end is the regular inventory checking day for most enterprises, some battery producers chose to purchase in advance, while others chose to suspend purchases.
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