[lead Battery column] Regenerative refined lead stickers have shrunk. There is a general reluctance to sell in refineries.

SMM domestic famous recycled lead enterprises purchase quotations for waste batteries on July 20th

The trend of SMM lead market on July 20th

Guangdong Chihong 14970 yuan / ton, to 2008 contract price 250yuan / ton; Guangdong market Nanhua lead 14800 yuan / ton, to SMM1# lead average price rise 50 yuan / ton; Henan Jinli, Wanyang 14650,14700 yuan / ton, 50 yuan / ton to SMM1# lead average price discount (trader); Henan Minshan 14750 yuan / ton, to SMM1# lead average price flat water quotation; Hunan Shuikoushan 14800 yuan / ton, to SMM1# lead average price rise 50 yuan / ton (trader); Jiang Copper 14790 yuan / ton, the average price of SMM1# lead rising water 40 yuan / ton quotation. Yunnan small factory 14450 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Lead prices fell high, downstream procurement enthusiasm rebounded, market trading improved.

Shanghai lead morning trading pressure 20 average 14763 yuan / ton horizontal adjustment. Due to the tight supply of waste batteries, the price is still firm. The price of reduced lead has fallen sharply with the lead price, and the discount for recycled refined lead has shrunk somewhat. The average price discount for SMM1# lead is 200mur300 yuan / ton. There is a general reluctance to sell in recycled lead refineries, while it is just needed downstream, and trading is light.

Today, the electric lead plate (externalized formation) is reported at 17,100,000,17,300 yuan / ton. the consumption of the battery market has not improved greatly for the time being. Dealers purchase on demand, while battery enterprises maintain fixed production by sales.

In 2019, global trade disputes escalated, the global economy was under pressure, and central banks began a wave of interest rate cuts. At the same time, the meeting of the political Bureau of the CPC Central Committee stressed that at present and for some time to come, the basic trend of China's economic stability and long-term improvement will remain unchanged, and 2020 will also be the year when China will build a moderately prosperous society in an all-round way and the 13th five-year Plan ends. In this context, the new crown virus is rampant all over the world, and it is worth looking forward to how to achieve steady economic growth.

In terms of the lead market, the newly expanded production capacity of overseas mines has been released one after another from 2019 to 2020, but the overseas epidemic has spread and some overseas mines have been put into production and mines under construction. Where will the lead concentrate go in 2020? At the same time, new expansion projects in China's recycled lead market are springing up everywhere. What is the actual output release in 2020? Whether the cost support is effective or not, the supply of waste batteries has become the focus of the future market; and under the influence of a number of policies (such as the new national standard for electric bicycles, motorcycle purchase tax exemption, etc.), whether the subsequent lead consumption matches, and what is the trend of lead prices in 2020?

In response to the above topics, SMM will invite industry celebrities, industry professionals, enterprises from the upper and lower reaches of the industrial chain to hold the "2020 (15th) lead and Zinc Summit" in Changsha to jointly discuss the current situation and problems of the industry, as well as the future development prospects, and analyze the fundamentals and the future trend of zinc prices.

Click to sign up for SMM 2020 (15th) lead and Zinc Summit

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