Secondary Lead: Supplier Quotes Show Relatively Small Discount Changes, Downstream Adopts a Wait-and-See Attitude with Just-in-Time Procurement [SMM Lead Midday Review]

Feb 24, 2025, at 11:53 am

[SMM Lead Midday Review: Suppliers' Discounts Remain Relatively Small, Downstream Adopts a Wait-and-See Approach with Just-in-Time Procurement] SMM, February 24: Today, the SMM 1# lead average price was flat WoW at 16,900 yuan/mt. During the morning session, ex-factory quotations for secondary refined lead were mainly at discounts of 80-0 yuan/mt against the SMM 1# lead average price, while supplies in South China were quoted at a discount of 100 yuan/mt ex-factory...

SMM February 24 News: Today, the SMM 1# lead average price remained flat WoW at 16,900 yuan/mt. During the early trading session, secondary refined lead ex-factory quotations were mainly at discounts of 80-0 yuan/mt against the SMM 1# lead price, while supplies in South China were quoted at a discount of 100 yuan/mt ex-factory. The mainstream ex-factory quotations for tax-exclusive refined lead were at 15,850-15,900 yuan/mt. Due to the prolonged consolidation of lead prices, downstream battery producers continued to adopt a wait-and-see approach with restocking limited to just-in-need purchases, resulting in relatively stable refined lead transactions. 》Subscribe to view historical SMM metal spot prices

Selected News
Lead

SMM

Secondary Lead: Supplier Quotes Show Relatively Small Discount Changes, Downstream Adopts a Wait-and-See Attitude with Just-in-Time Procurement [SMM Lead Midday Review]

[SMM Hydrogen Cost Daily Review] 20250220

Guangdong Zinc: Spot Transactions Sluggish, Downstream Just-in-Time Procurement Dominates [SMM Midday Review]