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Secondary Lead: Today's Ex-Factory Price Discount for Refined Lead Remained Relatively Small; Suppliers Generally Indicated Moderate Downstream Purchases [SMM Lead Midday Review]
Mar 10, 2025, at 5:22 am
[SMM Lead Market Midday Review: Little Change in Refined Lead Ex-Factory Discounts Today, Suppliers Generally Report Average Downstream Purchases] SMM, March 10: Today, the SMM 1# lead average price dropped by 25 yuan/mt WoW to 17,175 yuan/mt. Secondary refined lead suppliers maintained unchanged ex-factory discounts. In Henan, some suppliers quoted ex-factory premiums of 75 yuan/mt against the SMM 1# lead price. In Anhui, Guangdong, Guangxi, Sichuan, Jiangsu, and Zhejiang, ex-factory quotations were at discounts of 50-25 yuan/mt against the SMM 1# lead price.
SMM March 10 News: Today, the SMM 1# lead average price dropped by 25 yuan/mt WoW to 17,175 yuan/mt. Secondary refined lead suppliers' ex-factory quotations remained unchanged at discounts, with individual suppliers in Henan quoting at premiums of 75 yuan/mt against the SMM 1# lead price. In regions such as Anhui, Guangdong, Guangxi, Sichuan, Jiangsu, and Zhejiang, ex-factory quotations were at discounts of 50-25 yuan/mt against the SMM 1# lead price. Today's ex-factory quotations for tax-free refined lead were in the range of 16,100-16,250 yuan/mt. Downstream battery producers maintained just-in-time procurement, while most suppliers indicated moderate downstream purchasing interest. Suppliers in Jiangsu and Zhejiang reported moderate transactions.》Subscribe to view historical SMM metal spot prices.