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Home / Metal News / Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

Jul 10, 2017 18:09

Source:SMM

Secondary lead smelters, facing difficult sales of high-priced goods and profit drop, reduced production enthusiasm.

SHANGHAI, Jul. 10 (SMM) - Secondary lead mainly traded at 16,750-17,050 yuan per tonne (including tax) last week with average price at 16,880 yuan per tonne, up 70 yuan pert tonne on a weekly basis.

Where Lead Price Heads This Week? SMM Forecasts

Ignition battery scrap price (white shell) averaged at 8,480 yuan per tonne and 9,380 yuan per tonne for average motive battery scrap.

Primary Lead Smelters Hold Normal Production, and Secondary Lead Smelters Suffer Environmental Checks, SMM Reports

As such, profits kept falling week-on-week. Secondary lead smelters, facing difficult sales of high-priced goods, reduced production enthusiasm.

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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

LME Lead to Move in a Tight Range (2017-4-26)

Eyes should be on US dollar index on Wednesday. LME lead will move at USD 2,140-2,180/mt on Wednesday and SHFE 1706 lead will fluctuate between RMB 15,800-16,350/mt.

Apr 26, 2017 09:19

SMM Comments

LME Lead to Move in a Tight Range (2017-4-26)

Global Lead Supply Reverse to Surplus in February 2017

International Lead and Zinc Study Group (ILZSG) issued on Apr. 12 that global lead market had an 11,700 tonnes of surplus in February.

Apr 13, 2017 14:25

SMM Insight

Global Lead Supply Reverse to Surplus in February 2017

SHFE Lead to Stabilize (2017-4-10)

LME lead will move at USD 2,230-2,300/mt on Monday and SHFE 1705 lead will stabilize 16,200-17,000/mt at RMB after a sharp decline.

Apr 10, 2017 09:18

SMM Comments

LME Lead to See Range-Bound Trading (2017-4-7)

LME lead will be weighed by the 20-day moving average and move at USD 2,260-2,310/mt on Friday and SHFE 1705 lead will fluctuate between RMB 17,200-17,600/mt.

Apr 7, 2017 09:41

SMM Comments

LME Lead to See Range-Bound Trading (2017-4-7)

LME Lead to Move in a Tight Range (2017-3-31)

LME lead will fluctuate between USD 2,300-2,370/mt and SHFE 1705 lead will move at RMB 17,000-17,600/mt.

Mar 31, 2017 09:33

SMM Comments

LME Lead to Move in a Tight Range (2017-3-31)

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

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Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

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2024 SMM Middle East Secondary Metal Field Trip

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