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Secondary Lead: Secondary refined lead suppliers' quotations remained primarily based on premiums. Today's trading situation changed relatively little. [SMM Lead Midday Review]
Jan 08, 2025, at 12:04 pm
[SMM Lead Market Midday Review: Secondary Refined Lead Suppliers Mainly Quoted at Premiums, with Little Change in Today's Transactions] SMM, January 8: Today, the SMM 1# lead average price increased by 25 yuan/mt from yesterday to 16,725 yuan/mt. Secondary lead was quoted at premiums of 0-100 yuan/mt ex-factory against the SMM 1# lead average price...
SMM, January 8: Today, the SMM 1# lead average price increased by 25 yuan/mt from the previous day to 16,725 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, with quotations in Jiangxi at a premium of 50 yuan/mt, Hunan at parity, Guangdong at 30-50 yuan/mt, Anhui at 100 yuan/mt, and Zhejiang at 25 yuan/mt. The ex-factory prices of refined lead excluding tax were reported at 15,900-16,050 yuan/mt. As the Chinese New Year holiday approaches, downstream enterprises have a customary need for stockpiling. However, due to their cautious sentiment, refined lead transactions were moderate.
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