SMM August 8th News:
The willingness to sell among suppliers of secondary refined lead was generally average. During the week, the ex-factory prices (including tax) had a premium of 0-75 yuan/mt against the SMM #1 lead average price, while the ex-factory prices (excluding tax) had a discount of 1,000-900 yuan/mt against the SMM #1 lead average price. On Friday, the mainstream ex-factory prices had a premium of 0-25 yuan/mt against the SMM #1 lead average price. Smelters indicated that it was difficult to close deals, and downstream purchase willingness was moderate.
This week, the prices of scrap batteries remained relatively stable. However, due to the limited market supply, their prices were more likely to rise than fall. Additionally, attention should be paid to the production situation of secondary lead in Anhui Province. If production needs to be halted to cooperate with sewage inspection and problem-solving, the demand for scrap batteries will decline temporarily, or purchase offers may be slightly lowered. At this stage, the probability of this happening is relatively small. Regarding profits, as of August 8th, 2025, the theoretical comprehensive profit and loss value for large-scale secondary lead enterprises was -377 yuan/mt, while for small and medium-sized secondary lead enterprises, it was -598 yuan/mt.
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