[Secondary Pb]Secondary Lead and Scrap Battery Prices Hold Firm against Slumping Lead Prices-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Macroeconomics
  • Production data
  • Zinc
  • Futures movement
  • Aluminium
  • hydrogenation stations
  • Nickel
  • Copper
  • nickel laterite
  • In the United States
  • Morning comments
  • Market commentary
  • Nickel ore

[Secondary Pb]Secondary Lead and Scrap Battery Prices Hold Firm against Slumping Lead Prices

SMM Insight 04:09:02PM Aug 04, 2015 Source:SMM

SHANGHAI, Aug. 4 (SMM) – SMM #1 lead prices slip 150 yuan per tonne on August 4 but secondary refined lead, secondary lead and scrap battery prices stay strong, SMM notes.

Secondary refined lead enjoying price edges attract more buyers. SMM #1 lead quotes 13,050-13,150 yuan per tonne, versus 12,850-13,000 yuan per tonne (tax included) for secondary refined lead, leaving price gap between them at 175 yuan per tonne, SMM states.

Traded prices are as low as 11,900 yuan per tonne (tax excluded) for secondary refined lead in Henan and Shandong. As such, downstream, buyers are more favorable to secondary refined lead, boding well for secondary refined lead prices.

High costs also lend support to secondary lead prices. Shortfalls in scrap batteries allow scrap battery prices to stay high.

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

 

Relative News

Price

more
#1 Tin Ingot
Oct.18
139500.0
500.0
(0.36%)
Solder Bar(63A)
Oct.18
101000.0
500.0
(0.50%)
Solder Bar(60A)
Oct.18
97500.0
500.0
(0.52%)
LF Solder
Oct.18
147000.0
500.0
(0.34%)
Tin Powder
Oct.18
142.5
0.0
(0.00%)

[Secondary Pb]Secondary Lead and Scrap Battery Prices Hold Firm against Slumping Lead Prices

SMM Insight 04:09:02PM Aug 04, 2015 Source:SMM

SHANGHAI, Aug. 4 (SMM) – SMM #1 lead prices slip 150 yuan per tonne on August 4 but secondary refined lead, secondary lead and scrap battery prices stay strong, SMM notes.

Secondary refined lead enjoying price edges attract more buyers. SMM #1 lead quotes 13,050-13,150 yuan per tonne, versus 12,850-13,000 yuan per tonne (tax included) for secondary refined lead, leaving price gap between them at 175 yuan per tonne, SMM states.

Traded prices are as low as 11,900 yuan per tonne (tax excluded) for secondary refined lead in Henan and Shandong. As such, downstream, buyers are more favorable to secondary refined lead, boding well for secondary refined lead prices.

High costs also lend support to secondary lead prices. Shortfalls in scrap batteries allow scrap battery prices to stay high.

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