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

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

SMM Insight 04:01:01PM Jun 27, 2017 Source:SMM

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.

Ignition Battery Orders Decline amid Falling Lead Price, SMM Reports

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

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

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

Key Words:  SHFE lead  LME lead  lead prices 

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

SMM Insight 04:01:01PM Jun 27, 2017 Source:SMM

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.

Ignition Battery Orders Decline amid Falling Lead Price, SMM Reports

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

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

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

Key Words:  SHFE lead  LME lead  lead prices