SMM October 20 News:
Today, the SMM #1 lead average price rose by 25 yuan/mt WoW to 16,925 yuan/mt. The mainstream spot order discount price was 50-0 yuan/mt below the SMM #1 lead average price, and the transaction price excluding tax was around 15,750 yuan/mt. Lead prices maintained a fluctuating trend, with secondary refined lead supply gradually loosening. Downstream battery producers showed moderate purchase willingness. Today, the purchase sentiment for secondary refined lead was 2.37, while the sales sentiment was 1.48 (historical data can be queried in the database).
