[Pb Battery]Tightness in Supply Supports Scrap Battery Prices

Published: Jun 23, 2015 14:59
Tight spot supply boosted scrap battery prices, Shanghai Metals Market stated.

SHANGHAI, Jun. 23 (SMM) – Tight spot supply boosted scrap battery prices, Shanghai Metals Market stated.

Scrap motive batteries settled at a high of 7,600 yuan per tonne in Shandong, Anhui, Henan and Hebei.

Mainstream trading prices for scrap batteries were 6,850-7,600 yuan per tonne last week with 7,450-7,600 yuan per tonne for scrap motive batteries and 6,850-7,100 yuan per tonne for automobile batteries (white shell).

Anhui Huaxin Lead Industry Group stopped buying scrap motive batteries, and left purchasing price at 6,850 yuan per tonne for automobile batteries (white shell). Henan Jinpeng Lead Industry Co. bought scrap motive batteries at 7,500 yuan per tonne, a reflection of difficulty in sourcing scrap batteries.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
[Pb Battery]Tightness in Supply Supports Scrap Battery Prices - Shanghai Metals Market (SMM)