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Secondary Lead: Downstream Enterprises' Purchase Enthusiasm Shows Little Change from Yesterday, Suppliers Report Average Transactions [SMM Lead Midday Review]

  • Sep 25, 2025, at 12:09 pm

SMM September 25 News:

The SMM #1 lead average price today remained flat from the previous day at 16,950 yuan/mt. The mainstream secondary refined lead supply in the market was at a discount of 100-0 yuan/mt against the SMM #1 lead average price, with tax-exclusive prices ranging from 15,650-15,750 yuan/mt, and tax-exclusive secondary crude lead delivered to plants was around 15,800 yuan/mt. Downstream enterprises' purchasing enthusiasm showed relatively small changes compared to yesterday, and suppliers reported flat transactions. The secondary refined lead procurement sentiment today was 1.31, while the sales sentiment was 1.28 (historical data can be queried in the database).

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