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Downstream companies are not short of raw materials; their willingness to purchase lead ingots is low.
Lead prices have increased significantly, and downstream battery manufacturers have a poor acceptance of high-priced sources. It is difficult to transact recycled refined lead with a premium of 25 yuan/ton over the SMM #1 lead average price delivered to the factory; most downstream companies say they are not short of goods at the moment, and their purchasing willingness is low. (SMM)