Secondary Lead: Refined Lead Suppliers Adjusted Prices According to Market Conditions, Ex-Factory Quotations Varied by Region [SMM Lead Midday Review]

Mar 31, 2025, at 11:59 am

SMM Lead Midday Review: Refined Lead Suppliers Follow Market Trends, Ex-Factory Quotations Show Regional Differences. SMM, March 31: Today, the SMM 1# lead average price dropped by 100 yuan/mt WoW to 17,150 yuan/mt. Secondary refined lead suppliers followed market trends. Refineries in Jiangsu reported moderate refined lead transactions recently, with today's ex-factory quotations at parity or a slight premium against the SMM 1# lead average price.

SMM March 31 News: Today, the SMM 1# lead average price fell by 100 yuan/mt WoW to 17,150 yuan/mt. Suppliers of secondary refined lead followed the market trend. Smelters in Jiangsu reported moderate transactions of refined lead recently, with ex-factory prices quoted at parity or a slight premium against the SMM 1# lead average price today. In Guangdong, Jiangxi, and Anhui, ex-factory prices were at a discount of 50-0 yuan/mt against the SMM 1# lead average price. Today, the ex-factory prices of tax-excluded refined lead were mainly at 16,150-16,200 yuan/mt, with remote areas quoting 15,950 yuan/mt. Downstream battery producers restocked based on demand, and transactions of refined lead were moderate today. 》Order to view SMM metal spot historical prices

Selected News
Lead

SMM

Secondary Lead: Refined Lead Suppliers Adjusted Prices According to Market Conditions, Ex-Factory Quotations Varied by Region [SMM Lead Midday Review]

Smelters exhibited strong price-holding intentions, coupled with downstream enterprises maintaining just-in-time procurement, resulting in subdued trading activity in the spot market. [SMM Tin Midday Review]

The US dollar fell for three consecutive days, metals generally declined, with alumina dropping over 3%, SHFE zinc, coking coal, and coke leading the losses, while gold prices hit a new high. [SMM Midday Review]