Secondary lead: Downstream enterprises are more active in purchasing goods today on afraid of rising prices in the future [SMM Lead Midday Review]

On May 8, the average price of SMM 1# lead rose by 225 yuan/ton to 17,425 yuan/ton compared with yesterday. Secondary refined lead holders generally quoted higher prices. The mainstream discount was 150-200 yuan/ton (ex-factory) against the average price of SMM 1# lead. Some high-bismuth lead was quoted at a discount of 250 yuan/ton (self-pickup). The ex-factory price excluding tax was offered at around 16,250-16,300 yuan/ton. Downstream battery companies are more active in purchasing goods today on afraid of rising prices in the future. Secondary lead smelters said that transactions were slightly better than yesterday.