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Home / Metal News / Secondary Lead: Downstream Enterprises Show Moderate Inquiries, Only Make Just-in-Time Procurement [SMM Lead Midday Review]

Secondary Lead: Downstream Enterprises Show Moderate Inquiries, Only Make Just-in-Time Procurement [SMM Lead Midday Review]

iconSep 8, 2025 12:38

SMM September 8 news:

The SMM #1 lead average price rose by 25 yuan/mt WoW to 16,750 yuan/mt today. Secondary refined lead supplies in east and north China maintained parity with the SMM #1 lead average price ex-works, while discounts in Guangxi, Hunan and nearby regions stood at around 100 yuan/mt. The mainstream tax-excluded prices were 15,650-15,700 yuan/mt. Downstream enterprises showed moderate inquiry willingness, making just-in-time procurement only. The secondary refined lead procurement sentiment was 0.6 today, while the sales sentiment was 0.79 (historical data is available in the database).

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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