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Home / Metal News / Secondary Lead: Downstream Adopted a Wait-and-See Attitude, Purchase Willingness Declined Today [SMM Lead Midday Review]
Secondary Lead: Downstream Adopted a Wait-and-See Attitude, Purchase Willingness Declined Today [SMM Lead Midday Review]
Dec 8, 2025 11:54SMM December 8 News:
The SMM #1 lead average price today increased by 25 yuan/mt WoW to 17,200 yuan/mt. Spot supply of secondary refined lead was scarce. Mainstream tax-inclusive ex-works quotations were at premiums of -50~0 yuan/mt against the SMM #1 lead average price, with individual offers in central China and south-west China at premiums of -100 yuan/mt. Tax-exclusive ex-works quotations for refined lead ranged from 15,850 to 16,000 yuan/mt. Lead-acid battery producers showed strong purchase willingness last week, but adopted a wait-and-see attitude today, with purchase willingness relatively declining. The purchase sentiment for secondary refined lead today was 0.8, while the sales sentiment was 1.39. (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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