Secondary Refined Lead Suppliers Follow Market Trends, Profit Margins Still Exist [SMM Secondary Refined Lead Weekly Review]

Jan 17, 2025, at 8:24 am

[SMM Weekly Review on Secondary Refined Lead: Secondary Refined Lead Suppliers Follow Market Trends, Profit Margins Remain] SMM, January 17: Although the tax-inclusive prices of secondary refined lead this week were still mainly at premiums, the quoted premiums narrowed, and discounted sources appeared in some regions. In south China, refined lead was quoted at a discount of 50 yuan/mt ex-factory against the SMM 1# lead average price, while in central and east China, quotations were at premiums of 25-75 yuan/mt ex-factory against the SMM 1# lead average price...

SMM January 17 News: Although the tax-inclusive prices of secondary refined lead remained primarily at premiums this week, the quoted premiums narrowed, and some regions saw discounted cargoes. In south China, refined lead was quoted at a discount of 50 yuan/mt against the SMM 1# lead average price, ex-factory, while in central and east China, quotations were at premiums of 25-75 yuan/mt, ex-factory. Downstream enterprises made limited purchases, and smelters reported difficulties in transactions. As battery scrap prices remained relatively stable this week, and lead prices rebounded on Friday, the profit margins of secondary lead smelting enterprises improved. As of January 17, 2025, the theoretical comprehensive profit and loss value for large-scale secondary lead enterprises stood at 268 yuan/mt, while for small and medium-sized secondary lead enterprises, it was 73 yuan/mt. » Subscribe to view historical SMM metal spot prices.

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