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Secondary Lead: Limited Spot Offers for Secondary Refined Lead, Some Downstream Enterprises Showed No Purchase Willingness Today [SMM Lead Midday Review]

iconDec 19, 2025 12:06

SMM December 19 news:

The SMM #1 lead average price increased by 75 yuan/mt from yesterday to 16,800 yuan/mt today, with few spot order quotations for secondary refined lead. Mainstream tax-included ex-works quotations were mostly at parity with the SMM #1 lead average price, while mainstream tax-excluded refined lead ex-works quotations were around 15,650 yuan/mt. Downstream battery producers maintained rigid demand restocking; some enterprises bought the dip yesterday but indicated no purchases today. Today's purchasing sentiment for secondary refined lead was 1.71, while the selling sentiment was 0.54. (Historical data can be queried in the database).

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