Secondary Lead: Very Limited Spot Cargo in the Market, Sluggish Refined Lead Transactions [SMM Lead Midday Review]

SMM December 31 News: Today, the SMM 1# lead average price dropped by 75 yuan/mt compared to yesterday, reaching 16,725 yuan/mt. Secondary lead suppliers showed extremely low willingness to sell, with very limited spot cargo circulating in the market. The ex-factory prices excluding tax ranged from 16,000 to 16,100 yuan/mt, with almost no tax-inclusive offers. Downstream battery producers made few inquiries, and transactions were sluggish today.

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