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Secondary Lead: Secondary Refined Lead Prices Continue to Soften, Some Downstream Enterprises Make Small Purchases at Lower Levels [SMM Lead Midday Review]
Feb 14, 2025, at 12:00 pm
[SMM Lead Midday Review: Secondary Refined Lead Quotations Continued to Weaken, Some Downstream Enterprises Made Small Purchases at Low Prices] SMM, February 14: Today, the SMM 1# lead average price increased by 25 yuan/mt compared to yesterday, reaching 16,950 yuan/mt. During the morning session, mainstream ex-factory quotations for secondary refined lead were quoted at discounts of 125-0 yuan/mt against the SMM 1# lead price, while quotations for certain sources were at premiums of 0-70 yuan/mt delivered to industrial parks or downstream enterprises within the province…
SMM February 14 News: Today, the SMM 1# lead average price increased by 25 yuan/mt from yesterday to 16,950 yuan/mt. During the morning session, mainstream ex-factory quotations for secondary refined lead were quoted at discounts of 125-0 yuan/mt against the SMM 1# lead price, while certain sources were quoted at premiums of 0-70 yuan/mt delivered to industrial parks or downstream within the province. Mainstream ex-factory quotations for refined lead excluding tax were in the range of 15,900-16,000 yuan/mt. Downstream battery producers remained cautious and adopted a wait-and-see approach, with some making small purchases at lower prices. Today's transactions showed little change compared to yesterday. >> Subscribe to view historical SMM metal spot prices.
