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Secondary lead: downstream demand for purchase, spot orders for refined lead were traded at a moderate level [SMM Lead Midday Review]
Jun 11, 2025, at 11:55 am
[SMM Lead Midday Review: Downstream Demand Purchases Lead to Average Spot Order Transactions of Refined Lead] SMM reported on June 11: Today, the SMM 1# lead average price remained unchanged from yesterday at 16,625 yuan/mt. The ex-factory prices of mainstream secondary refined lead were generally on par with the SMM 1# lead average price, with some supplies trading at a premium of around 75 yuan/mt, while individual supplies in Central China were trading at a discount of over 50 yuan/mt. The ex-factory prices, excluding tax, remained in the range of 15,600-15,750 yuan/mt...
SMM, June 11:
Today, the SMM 1# lead average price remained unchanged from yesterday at 16,625 yuan/mt. The ex-factory prices of mainstream secondary refined lead were generally on par with the SMM 1# lead average price, with some supplies trading at a premium of around 75 yuan/mt, while individual supplies in Central China were trading at a discount of over 50 yuan/mt. The ex-factory prices, excluding tax, remained in the range of 15,600-15,750 yuan/mt. Downstream battery producers made just-in-time procurement, mainly picking up goods under long-term contracts, with spot orders for secondary refined lead seeing average trading volumes.
