Secondary Lead: Sellers' quotes maintained at a discount of around 150 yuan/mt, downstream enterprises purchased as needed [SMM Lead Midday Review]

Today, the average price of SMM #1 lead was flat compared to yesterday at 19,400 yuan/mt. Mainstream secondary refined lead was quoted at a discount of 150-200 yuan/mt to the average price of SMM #1 lead (ex-factory); ex-factory prices excluding tax were reported at 18,299-18,500 yuan/mt.

Downstream enterprises purchased as needed, and secondary lead smelters reported moderate transactions.