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Secondary Lead: Shipment Sentiment from Secondary Refined Lead Smelters Remains Flat, Downstream Maintains Rigid Demand Restocking [SMM Lead Midday Comment]

iconOct 16, 2025 12:01

SMM October 16 News:

The SMM #1 lead average price increased by 50 yuan/mt to 16,950 yuan/mt today. The mainstream spot order discount price was 50-0 yuan/mt below the SMM #1 lead average price, with the tax-exclusive price around 15,750 yuan/mt. Secondary refined lead smelters showed moderate sales sentiment. Downstream users restocked based on rigid demand, resulting in average transactions and low market activity. Today's secondary refined lead purchasing sentiment was 1.98, while sales sentiment was 1.49 (historical data can be queried 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.

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