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Secondary Lead: Downstream Buyers Hesitant, Upstream Sellers Unwilling, Refined Lead Trading Sluggish Within the Day [SMM Lead Midday Review]
Apr 25, 2025, at 12:07 pm
SMM Lead Midday Review: Downstream Buyers Stay Away, Upstream Sellers Hold Back, Refined Lead Trading Sluggish During the Day. SMM, April 25: The SMM 1# lead average price increased by 75 yuan/mt to 16,875 yuan/mt compared to yesterday, with the price difference between primary metal and scrap at 75 yuan/mt. Today, the sentiment among secondary refined lead suppliers remained low, with most not willing to sell. The mainstream ex-factory prices were at a discount of 50-0 yuan/mt against the SMM 1# lead average price, with some sources at a premium of 25 yuan/mt ex-factory. The ex-factory prices excluding tax ranged from 15,800 to 15,950 yuan/mt.
SMM April 25 News:
The SMM 1# lead average price increased by 75 yuan/mt to 16,875 yuan/mt today, with the price difference between primary metal and scrap at 75 yuan/mt. The sentiment among secondary refined lead suppliers remained sluggish today, with most not willing to sell. The mainstream ex-factory prices were at a discount of 50-0 yuan/mt against the SMM 1# lead average price, while some sources were at a premium of 25 yuan/mt ex-factory. The ex-factory prices excluding tax ranged from 15,800 to 15,950 yuan/mt. Downstream battery producers mainly purchased through long-term contracts, and the trading of refined lead was sluggish today.
