SMM October 30 News:
The SMM #1 lead average price today remained flat from yesterday at 17,200 yuan/mt. The mainstream spot order discount price was 50-0 yuan/mt below the SMM #1 lead average price, and the mainstream ex-factory offer excluding tax was 15,950-16,000 yuan/mt. Suppliers' willingness to sell changed relatively little, and the number of offers remained limited. Downstream battery producers made just-in-time procurement, with a strong wait-and-see sentiment. Today, the procurement sentiment for secondary refined lead was 0.67, and the sales sentiment was 1.47 (historical data can be queried by logging into the database).
