China Secondary Lead Producers to Reopen Late after Chinese New Year Holiday

Published: Jan 31, 2016 14:50

Save

An increasing number of Chinese secondary lead producers ceased production recently. Most of these producers plan to restart after February 22, SMM understands.

SHANGHAI, Jan. 31 (SMM) - An increasing number of Chinese secondary lead producers ceased production recently. Most of these producers plan to restart after February 22, SMM understands.

“Only a few producers, such as Anhui’s Huaxin Lead Industry Group, will only close for seven days for the holiday,” said one SMM lead analyst.

Domestic secondary lead producers refrained from selling after suspending production and stopped building scrap battery stocks.

“Downstream producers, especially SMEs have closed for the holiday. Those remaining in production also lacked interest in stockpiling,” the analyst explained.

Transportation problems and limited goods available were also attributable to scrap battery purchases by secondary lead plants.

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

secondary lead producers secondary lead scrap battery prices

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