SMM October 13 News:
The SMM #1 lead average price today was flat WoW at 16,925 yuan/mt. Some downstream enterprises restocked for rigid demand today, with improved purchasing enthusiasm, while a few enterprises still had lead ingot inventory and maintained a relatively wait-and-see purchasing sentiment. Mainstream quotations for spot orders of secondary refined lead from suppliers were at premiums of -50~0 yuan/mt against the SMM #1 lead average price, with the tax-exclusive price around 15,700 yuan/mt. The purchasing sentiment for secondary refined lead today was 1.75, and the sales sentiment was 1.77 (historical data can be queried in the database).
