SMM September 18 News:
The SMM #1 lead average price increased by 25 yuan/mt to 16,975 yuan/mt today. In east and north China, mainstream secondary refined lead supplies were at a discount of 50-0 yuan/mt against the SMM #1 lead average price, while discounts in south China ranged from 170-75 yuan/mt. The mainstream tax-exclusive prices were 15,750-15,850 yuan/mt. Downstream enterprises showed low purchasing enthusiasm for secondary refined lead today, and some suppliers reported difficulties in closing deals. The purchasing sentiment for secondary refined lead was 1.13 today, while the selling sentiment was 1.27 (historical data can be queried in the database).
