SHANGHAI, Sep 7 (SMM) – Social inventories of primary lead in Shanghai and Guangdong grew over 800 mt from a week ago to stand at 10,500 mt as of Friday September 7, SMM data showed.
As consumption rose steadily, lead-acid battery producers purchased raw materials on demand this week and favoured cheaper secondary lead.
Secondary lead smelters in Anhui and Jiangxi provinces stepped up production and smelters rushed to offload cargoes after lead prices came off from early highs. This widened the price spread between secondary and primary materials. Discounts of secondary refined lead against SMM #1 primary lead stood around 200 yuan/mt as of Friday.
![[Análise SMM] Impacto do Feriado Nacional: Visão Geral da Produção das Fundições de Chumbo e Pré-vendas de Lingotes](https://imgqn.smm.cn/usercenter/EhsCj20251217171721.jpeg)
![Sentimento do mercado cauteloso antes do Dia Nacional, preços de baterias sucateadas flutuam em faixa estreita [Análise semanal de baterias sucateadas da SMM]](https://imgqn.smm.cn/usercenter/msNEk20251217171722.jpg)
![Fundamentos pós-feriado mudam, espera-se que os preços do chumbo se consolidem em uma faixa mais ampla [Previsão Semanal do Mercado de Chumbo SMM]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
