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SMM Survey: Battery Producers Suspend Lead Purchases at Semi-Year and Month End

iconJun 27, 2017 16:01
Most medium and large lead-acid battery producers have built lead stocks last week and suspend lead purchases by spot transaction this week.

SHANGHAI, Jun. 27 (SMM) – Most medium and large lead-acid battery producers, facing clearing at semi-year and month end, suspend lead purchases by spot transaction this week after stock-building last week.

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This, combined with output resumption at primary and secondary lead smelters, will weigh down lead market in a short term.

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