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Home / Metal News / Falling Scrap Battery Prices to Hit China Secondary Lead Prices

Falling Scrap Battery Prices to Hit China Secondary Lead Prices

iconNov 3, 2015 13:41
Secondary lead prices in China will be dragged down by falling scrap battery prices, SMM reckons.

SHANGHAI, Nov. 3 (SMM) – Secondary lead prices in China will be dragged down by falling scrap battery prices, SMM reckons.

Scrap battery prices almost all slide 50-100 yuan per tonne in China currently. Traded prices for scrap automobile batteries (white shell) in Shandong drop to 6,950 yuan per tonne from 7,050 yuan per tonne. Besides, scrap motive battery prices fall to 7,400 yuan per tonne from 7,500 yuan per tonne.

Most lead smelters cut or halt purchase for scrap batteries due to thin profits. This, combined with ample supply, lead to supply surplus in market. As a result, scrap battery traders report troubles in selling at highs. 

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

secondary lead prices
scrap battery prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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