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Home / Metal News / Secondary Lead: Trading Activity Was Sluggish in the Secondary Market, and Today's Transactions Were Poor [SMM Lead Midday Review]
Secondary Lead: Trading Activity Was Sluggish in the Secondary Market, and Today's Transactions Were Poor [SMM Lead Midday Review]
Dec 31, 2025 12:12SMM December 31 News:
The SMM #1 lead average price today dropped by 175 yuan/mt from yesterday to 17,125 yuan/mt. The mainstream spot order quotations for refined lead with tax were at discounts of 150–0 yuan/mt against the SMM #1 lead average price, while the mainstream tax-exclusive refined lead ex-works quotations were around 15,750 yuan/mt. Suppliers showed weak willingness to sell, with very few offers. Downstream battery producers had moderate purchase willingness, and transactions were sluggish. Today, the purchase sentiment for secondary refined lead was 1.72, and the selling sentiment was 0.54. (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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