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Home / Metal News / China Secondary Lead Prices Up Slightly despite Surge in #1 Lead

China Secondary Lead Prices Up Slightly despite Surge in #1 Lead

iconDec 1, 2015 13:44
Source:SMM
SMM #1 lead mushroomed 100 yuan per tonne on Dec. 1 while prices of scrap battery, secondary lead and secondary refined lead prices only posted a modest rise in China, SMM learnt.

SHANGHAI, Dec. 1 (SMM) – SMM #1 lead mushroomed 100 yuan per tonne on Dec. 1 while prices of scrap battery, secondary lead and secondary refined lead prices only posted a modest rise in China, SMM learnt.

Ample supply of scrap batteries allowed secondary lead producers to lower their purchase prices. In response, low scrap battery prices will not support secondary lead prices.

Also, narrowing price gap added to primary lead’s attractiveness. SMM #1 lead quoted at 12,900-13,050 yuan per tonne, versus 12,700-12,850 yuan per tonne (tax included) for secondary refined lead. This left price gap between them at 200 yuan per tonne.

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

SMM #1 lead prices
scrap battery prices
secondary lead 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

For more information on how to access our research reports, please email service.en@smm.cn

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