[SMM investigation] Refinery adds maintenance members to further reduce the source of deliverable goods

Publicado: Jun 6, 2019 13:36
The operating rate of SMM primary lead smelter in Zhou du three provinces was 60.6%, 1.2% higher than that of Henan primary lead smelter, 82.3% and 5.7% higher than that of Henan primary lead smelter, and the operating rate of Henan primary lead smelter was 82.3%, 5.7% higher than that of Henan primary lead smelter. The operating rate of Yunnan primary smelter is 39.5%, which is 2.6% higher than that of the previous month, and that of Hunan primary lead smelter is 37.3%, which is 7.5% lower than that of the previous month. In terms of statistical caliber, the weekly operation rate is mainly in three places, while the maintenance of the refinery in June is concentrated in other areas, and the planned maintenance of the refinery in June is as shown in the figure.

MM6, June 6 / PRNewswire-Asianet /-according to the (SMM) survey of SMM, this week (June 3-June 6)

The operating rate of SMM primary lead smelter in Zhou du three provinces was 60.6%, 1.2% higher than that of Henan primary lead smelter, 82.3% and 5.7% higher than that of Henan primary lead smelter, and the operating rate of Henan primary lead smelter was 82.3%, 5.7% higher than that of Henan primary lead smelter. The operating rate of Yunnan primary smelter is 39.5%, which is 2.6% higher than that of the previous month, and that of Hunan primary lead smelter is 37.3%, which is 7.5% lower than that of the previous month. In terms of statistical caliber, the weekly operation rate is mainly in three places, while the maintenance of the refinery in June is concentrated in other areas, and the planned maintenance of the refinery in June is as shown in the figure.

According to SMM research, some refineries began centralized maintenance in June, and some of them began to overhaul the electrolytic production line after the crude lead production line was overhauled, further reducing the supply of electrolytic lead in the market, or providing strong support for the lead price in June. However, the elasticity of lead prices depends more on downstream consumption. According to SMM, some large storage enterprises began to reduce production in June, making the expectations of half-year reports falsified in the middle of the year. In June, lead prices are expected to continue the pattern of box shock.

The production of refineries in various regions this week is as follows:

The reason for the month-on-month increase in the weekly operating rate in Henan is that the crude lead supply of Henan persimmon betel and other refineries is sufficient in the current period, so in June, the production plan returns to the conventional level. In addition, the weekly output of Yuguang and other refineries increased slightly. And then drive the weekly operating rate in Henan Province to rise compared with the previous month.

The reason for the sharp decline in the weekly operating rate in Hunan is that the electrolytic production line began to be overhauled after the crude lead production line was overhauled, and the output supply was further reduced. In addition, some refineries began to reduce the planned output in June. Therefore, the weekly operating rate in Hunan area decreased compared with the previous month.

The reason for the slight increase of weekly open power in Yunnan is that the weekly output of some refineries in Yunnan increases slightly, which leads to the fine adjustment of weekly operating rate;

 

 

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Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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[SMM investigation] Refinery adds maintenance members to further reduce the source of deliverable goods - Shanghai Metals Market (SMM)