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Home / Metal News / Secondary Lead: Downstream Battery Producers Maintain Just-in-Time Restocking, Refined Lead Trading Activity Remains Tepid [SMM Lead Midday Review]
Secondary Lead: Downstream Battery Producers Maintain Just-in-Time Restocking, Refined Lead Trading Activity Remains Tepid [SMM Lead Midday Review]
Oct 17, 2025 12:04SMM October 17 News:
Today, the SMM #1 lead average price dropped by 50 yuan/mt to 16,900 yuan/mt compared with yesterday. The mainstream spot order discount price was 50-0 yuan/mt below the SMM #1 lead average price, with individual sources in Central China offering discounts up to 100 yuan/mt. Due to the decline in lead prices, some suppliers showed weaker willingness to sell, with limited enthusiasm for quoting. Downstream battery producers maintained rigid demand restocking, and a small number of low-priced sources were traded. Today, the secondary refined lead purchasing sentiment was 1.77, while the selling sentiment was 1.46 (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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