Secondary Lead: Downstream Battery Producers Show Poor Purchase Willingness, Some Suppliers Increase Discounts for Shipments [SMM Lead Midday Review]

SMM December 30 News:

Today, the SMM #1 lead average price dropped by 75 yuan/mt from yesterday to 17,300 yuan/mt. The mainstream tax-included ex-works quotations for refined lead spot orders were at premiums of -150~0 yuan/mt against the SMM #1 lead average price, while the mainstream tax-excluded ex-works quotations for refined lead were around 15,950 yuan/mt. Due to poor purchase willingness from downstream battery producers, some suppliers chose to widen the discount to sell, while most enterprises opted not to sell. Today, the purchase sentiment for secondary refined lead was 0.85, and the sales sentiment was 2.11. (Historical data can be queried by logging into the database.)