SMM Survey Reveals Lead Market Dynamics: Waste Battery Prices Soar, Prompting Inventory Shift and Marginal Profitability for Smelters

[SMM Survey: Delivery Goods Re-enter the Market, Lead Ingot Inventories Shift to Destocking]

According to the survey, the prices of waste batteries have remained high recently, resulting in slim profits for secondary lead smelting enterprises. In some mainstream regions, the ex-factory prices of some secondary refined lead are quoted at a premium of 0-50 yuan/ton to the average price of SMM1# lead, and if the bismuth content is high, it may be discounted by 100-50 yuan/ton ex-factory. Last week, individual primary lead...