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Home / Metal News / Ignition Battery Orders Decline amid Falling Lead Price, SMM Reports

Ignition Battery Orders Decline amid Falling Lead Price, SMM Reports

Jun 27, 2017 13:36

Source:SMM

Orders at ignition battery producers decrease, and 6-QW-45Ah is at 210-240 yuan per tonne.

SHANGHAI, Jun. 27 (SMM) – Orders at ignition battery producers decrease, and 6-QW-45Ah is at 210-240 yuan per tonne, SMM reports.

Watch out for Lead Price Decline in Late June on Demand Decrease, SMM Warns

SMM attributes sluggish end-user demand and falling lead price as the main factors to the decline.

Battery Wholesale Price Lacks of Upward Strength amid Poor End-User Demand, SMM Reports

In other news, secondary lead mainly trades at 15,500-15,600 yuan per tonne on Tuesday in China’s domestic market.

Secondary lead smelters are active in selling goods, while downstream battery producers show low purchase interest and produce goods by inventories on hand, leading to modest transaction in the market.

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

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Lead smelters made firm offers for spot goods on supply shortage, and downstream battery producers replenished stocks at low prices, improving transaction.

Aug 22, 2017 14:04

SMM Insight

Lead Spot Transaction Improves after Price Drops, SMM Reports

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Traders in China's market had low price-making interest in response to low inventories, and firm price kept downstream battery producers at sidelines, resulting in sluggish trading.

Aug 3, 2017 14:08

SMM Comments Industry

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

Orders at ignition battery producers saw no improvement in Zhejiang due to wary purchase sentiment of distributors.

Jul 26, 2017 17:59

Industry

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

Global lead market still reported supply deficit at 172,000 tonnes in the first five months of 2017, according to World Bureau of Metal Statistics (WBMS).

Jul 20, 2017 09:41

SMM Insight Industry

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

Macquarie raised its forecast for most base metals in the next two years, wenhua.com reported.

Dec 20, 2016 14:09

Industry Reminder

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

SHFE Lead to Find Support (2016-12-16)

LME lead is predicted to move between USD 2,300-2,350/mt on Friday and SHFE 1702 lead will range at RMB 20,000-20,500/mt.

Dec 16, 2016 09:40

SMM Comments

SHFE Lead Prices Up 1.27% (2016-12-15)

SHFE 1702 lead opened at RMB 20,475/mt and finally closed at RMB 20,745/mt, up RMB 260/mt or 1.27%.

Dec 15, 2016 16:51

SMM Comments

SHFE Lead Moves Lower (016-12-14)

SHFE 1702 lead opened at RMB 20,390/mt and finally closed at RMB 20,490/mt, down RMB 95/mt or 0.46%.

Dec 14, 2016 16:41

SMM Comments

Main sea freight index at Baltic Exchange falls further to 1,069 points

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities fell further to 1,069 points on Monday mainly due to weak cape and panamax indices.

Dec 13, 2016 17:10

Industry

SHFE Lead Closes with Losses (2016-12-13)

SFHE 1702 lead opened at RMB 20,690/mt and finally ended at RMB 20,545/mt, down RMB 55/mt or 0.27%.

Dec 13, 2016 17:08

SMM Comments

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Ignition Battery Orders Decline amid Falling Lead Price, SMM Reports

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo