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Home / Metal News / Secondary lead: Few and firm quotes for secondary refined lead; downstream spot orders with rigid demand for restocking tend to prefer primary lead [SMM Lead Midday Review]
Secondary lead: Few and firm quotes for secondary refined lead; downstream spot orders with rigid demand for restocking tend to prefer primary lead [SMM Lead Midday Review]
Aug 8, 2025 12:02Source:SMM
SMM August 8 News:
Today, the SMM #1 lead average price fell by 25 yuan/mt from yesterday to 16,725 yuan/mt. Suppliers of secondary refined lead offered limited quotations, with a general sentiment for cargo sales. Currently, ex-factory cargoes without tax are quoted at 15,700-15,850 yuan/mt. Mainstream tax-included quotations are quoted at premiums of 0-25 yuan/mt against the SMM #1 lead average price for ex-factory delivery, with some traders offering small discounts for cargoes self-picked up from production site. Downstream battery producers have weak purchase willingness, and spot orders for necessary restocking lean towards the primary lead market.
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