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Secondary Lead: Refined Lead Transactions Improve as Chinese New Year Holiday Approaches and Downstream Stocking Increases [SMM Lead Midday Review]
Jan 06, 2025, at 12:05 pm
[SMM Lead Midday Review: Downstream Stocking Improves Refined Lead Transactions as Chinese New Year Approaches] SMM reported on January 6: Today, the SMM 1# lead average price remained flat WoW at 16,700 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt against the SMM 1# lead average price on an ex-factory basis. The ex-factory prices of refined lead excluding tax in the market were reported at 15,950-16,050 yuan/mt, with relatively small changes...
SMM, January 6: Today, the SMM 1# lead average price remained unchanged from last Friday at 16,700 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt against the SMM 1# lead average price on an ex-factory basis. The ex-factory prices of tax-free refined lead in the market were reported at 15,950-16,050 yuan/mt, with relatively small changes. As the Chinese New Year holiday approaches, downstream battery producers have gradually started stockpiling. Today, refined lead suppliers reported improved transactions.》Subscribe to view historical SMM metal spot prices.
