Secondary Lead: Some Suppliers Offer Refined Lead with Premiums, While Downstream Restocking Is Limited to Just-In-Demand Purchases [SMM Lead Midday Review]

Mar 03, 2025, at 12:02 pm

[SMM Lead Midday Review: Some Suppliers Quoted Premiums for Refined Lead, Downstream Restocking on Demand Was Limited] SMM reported on March 3: Today, the SMM 1# lead average price increased by 50 yuan/mt WoW to 16,975 yuan/mt. During the morning session, ex-factory quotations for secondary refined lead were mainly at discounts of 50-0 yuan/mt against the SMM 1# lead price. In South China, ex-factory quotations for high-bismuth lead were at a discount of 100 yuan/mt, while in Anhui, high-bismuth lead was quoted at discounts of 80-50 yuan/mt...

SMM, March 3: Today, the SMM 1# lead average price increased by 50 yuan/mt from last Friday to 16,975 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 price. Suppliers in Guangdong indicated that slight premiums could be offered for delivery within the park, while ex-factory quotations for high-bismuth lead in Guangxi and Hunan were at discounts of 100 yuan/mt, and in Anhui at 80-50 yuan/mt. Today's ex-factory quotations for tax-exclusive refined lead in the market were at 15,900-16,050 yuan/mt. Downstream battery producers restocked on a need-only basis, with limited purchases today. Suppliers in South and Central China reported average transactions, while suppliers in Zhejiang noted relatively optimistic sales. 》Subscribe to view historical SMM metal spot prices

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