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Secondary Lead: Downstream Purchase Willingness Improved Compared to Yesterday, Suppliers' Willingness to Sell Slightly Declined [SMM Lead Midday Review]

iconNov 6, 2025 12:05

SMM November 6 News:

The SMM #1 lead average price dropped by 100 yuan/mt to 17,225 yuan/mt today. The mainstream spot order discount price was 50-0 yuan/mt below the SMM #1 lead average price, with some remote supply sources discounted by 100 yuan/mt. The mainstream ex-factory offer excluding tax was 15,900-16,000 yuan/mt. Downstream purchase willingness improved compared to yesterday, while suppliers' willingness to sell slightly declined. The secondary refined lead purchase sentiment was 0.95 today, and the sales sentiment was 1.56 (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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