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Secondary Lead: Weak Purchasing Willingness From Downstream Enterprises, Poor Transactions of Secondary Refined Lead [SMM Lead Midday Review]
Jan 13, 2025, at 11:58 am
[SMM Lead Market Midday Review: Weak Purchasing Interest Among Downstream Enterprises, Poor Transactions of Secondary Refined Lead]
SMM, January 13: Today, the SMM 1# lead average price increased by 100 yuan/mt WoW to 16,600 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt ex-factory against the SMM 1# lead average price. In Anhui, quotations were at a premium of 100 yuan/mt ex-factory, while in Henan and Jiangsu, quotations were at parity...
SMM, January 13: Today, the SMM 1# lead average price increased by 100 yuan/mt WoW to 16,600 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt against the SMM 1# lead average price on an ex-factory basis, with quotations in Anhui at a premium of 100 yuan/mt ex-factory, while quotations in Henan and Jiangsu were at parity. The ex-factory prices of tax-free refined lead in the market were reported at 15,750-15,850 yuan/mt. Suppliers followed market trends, while downstream enterprises showed weak purchasing interest. Some battery producers had mostly completed stockpiling, and the transaction performance of secondary lead was moderate today. » Subscribe to view historical SMM metal spot prices.
