SMM

SMM1 January 2 News: Today, electric lead grids (externally formed) were quoted at 19,050-19,300 yuan/mt. The battery market demand remained stable, with some dealers starting to stock up for the Chinese New Year. However, due to the weak trend in lead prices, downstream enterprises remained cautious about raw material procurement, with most adopting a wait-and-see approach in the short term.

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