Rising Demand Boosts Premium for High-Grade Lead in Vietnam Amid Growing Battery Sector
[Vietnam Lead Market Dynamics] In recent years, lead demand in the Southeast Asian market grew gradually. In particular, the concentrated release of new capacity by lead-acid battery enterprises in Vietnam further boosted demand for primary lead (Pb ≥99.99%), leading to a rapid rise in the premium for high-grade lead ingot and a notable divergence from the premium for low-grade lead ingot. According to SMM's latest quotes, CIF premiums for Vietnam lead ingots were $170-200/mt (99.99-99.995% purity) and $95-120/mt (99.97% purity).