Vietnam Lead Demand Robust, Spot Premiums Rise Despite High Quotes Hindering Deals

Published: Jul 24, 2026 16:23

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[Vietnam Lead Market Updates] It is understood that lead demand in the Vietnam market has remained robust, and spot premiums for lead ingots have generally been on an upward trend since the beginning of this year. In July, although LME lead prices continued to consolidate on a subdued note, some suppliers further raised their premium quotes. Currently, the highest CIF Vietnam premium quotation for lead ingots (Pb≥99.99%) stands at $210/mt. However, lead-acid battery enterprises generally indicated that such quotes were hard to accept, and no deals have been heard in the market yet. Additionally, according to SMM’s latest quotes, CIF premiums for Vietnamese primary lead (Pb 99.99%-99.995%) are reported at $170-205/mt.

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