Secondary Lead: Suppliers of Secondary Refined Lead Show Low Enthusiasm for Shipments Due to Limited Spot Order Supply [SMM Lead Midday Review]

Published: Dec 4, 2025 12:08

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SMM December 4 News:

The SMM #1 lead average price rose by 25 yuan/mt to 17,100 yuan/mt today. Suppliers of secondary refined lead showed low sales enthusiasm due to limited spot order supply, resulting in few quotations today. Mainstream tax-included factory quotations were at discounts of 50-0 yuan/mt against the SMM #1 lead average price, while tax-excluded refined lead factory quotations were 15,850-15,950 yuan/mt. As lead prices stopped falling and rebounded, downstream battery producers showed moderate purchase enthusiasm. However, due to limited spot order supply of secondary lead, transactions were flat. Today's procurement sentiment for secondary refined lead was 2.9, while sales sentiment was 1.36. (Historical data can be queried in the database.)

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