Secondary Lead: Today, supplier quotes showed signs of a narrower discount. Refined lead transactions did not show significant improvement. [SMM Lead Midday Review]

Feb 25, 2025, at 11:52 am

[SMM Lead Midday Review: Signs of Narrowing Discounts in Supplier Quotations Today, No Significant Improvement in Refined Lead Transactions] SMM, February 25: Today, the SMM 1# lead average price remained unchanged from yesterday at 16,900 yuan/mt. During the morning session, ex-factory quotations for secondary refined lead were mainly quoted at discounts of 50-0 yuan/mt against the SMM 1# lead average price. In Anhui, ex-factory discounts narrowed from 80 yuan/mt yesterday to 50 yuan/mt today...

SMM February 25 News: Today, the SMM 1# lead average price remained unchanged from yesterday at 16,900 yuan/mt. During the early trading session, secondary refined lead ex-factory quotations were mainly quoted at discounts of 50-0 yuan/mt against the SMM 1# lead price. In Anhui, yesterday's ex-factory discounts of 80 yuan/mt narrowed to 50 yuan/mt today. The mainstream ex-factory quotations for tax-free refined lead in the market today ranged from 15,850-15,950 yuan/mt, with only a few quotations at 16,000 yuan/mt ex-factory. Downstream battery producers restocked on a need-only basis, and refined lead transactions showed no significant improvement. 》Subscribe to view SMM historical spot metal prices

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Secondary Lead: Today, supplier quotes showed signs of a narrower discount. Refined lead transactions did not show significant improvement. [SMM Lead Midday Review]

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