SMM November 6 News:
The SMM #1 lead average price dropped by 100 yuan/mt to 17,225 yuan/mt today. The mainstream spot order discount price was 50-0 yuan/mt below the SMM #1 lead average price, with some remote supply sources discounted by 100 yuan/mt. The mainstream ex-factory offer excluding tax was 15,900-16,000 yuan/mt. Downstream purchase willingness improved compared to yesterday, while suppliers' willingness to sell slightly declined. The secondary refined lead purchase sentiment was 0.95 today, and the sales sentiment was 1.56 (historical data can be queried in the database).
