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MMi
Downstream Purchase Demand Insufficient, Secondary Lead Experiences Slight Inventory Buildup [SMM Lead Weekly Review]
Jan 10, 2025, at 4:05 pm
[SMM Lead Weekly Review: Insufficient Downstream Purchasing Efforts, Slight Inventory Buildup of Secondary Lead] SMM, January 10: As of January 10, 2025, the finished product inventories of secondary lead smelters stood at 12,900 mt, a WoW increase of 2,220 mt………
SMM, January 10:
As of January 10, 2025, the finished product inventories of secondary lead smelting enterprises stood at 12,900 mt, an increase of 2,220 mt WoW. This week, downstream battery producers showed insufficient pre-holiday purchasing activity, lead prices fluctuated downward, and secondary refined lead suppliers mainly quoted with premiums. Due to relatively small pressure from finished product inventories, suppliers adopted a market-oriented approach to shipments.
