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Secondary Lead: Secondary Refined Lead Discounted Ex-Factory, Downstream Purchase Willingness Moderate [SMM Lead Midday Review]
Feb 10, 2025, at 11:59 am
[SMM Lead Midday Review: Secondary Refined Lead Ex-Factory Discounts, Downstream Purchase Willingness Remains Moderate] SMM, February 10: Today, the SMM 1# lead average price was flat WoW at 16,925 yuan/mt. During the morning session, mainstream ex-factory quotations for secondary refined lead were quoted at discounts of 50-0 yuan/mt against the SMM 1# lead price, with individual sources quoted at premiums of 25-50 yuan/mt delivered to plants...
SMM reported on February 10: Today, the SMM 1# lead average price remained flat WoW at 16,925 yuan/mt. During the morning session, mainstream ex-factory quotations for secondary refined lead were quoted at discounts of 50-0 yuan/mt against the SMM 1# lead price, while quotations for certain sources delivered to factories were at premiums of 25-50 yuan/mt. Mainstream ex-factory quotations for tax-free refined lead were at 15,950-16,050 yuan/mt. Downstream battery producers showed weak purchase willingness, and transactions were average. » Subscribe to view historical SMM metal spot prices.
