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Home / Metal News / Ignition Battery Price Expands Further as Surging Lead Price Widens Costs, SMM Reports

Ignition Battery Price Expands Further as Surging Lead Price Widens Costs, SMM Reports

Aug 17, 2017 17:11

Source:SMM

China’s leading ignition battery producers raised prices up again as rapid growth in lead price increased cost sharply.

SHANGHAI, Aug.17 (SMM) – China’s leading ignition battery producers raised prices up again as rapid growth in lead price increased cost sharply, such as 6-QW-45Ah up to 230-274 yuan.

In Hubei, retailers were active in purchasing ignition battery after lead price soared, depleting inventories at distributors. 6-QW-45Ah was offered at 255 yuan.

SMM Analysis: Lead-Acid Battery Scrap Price Stabilizes, Despite of Volatile Lead Prices

Retailers in Shandong showed replenishment demand after battery producers announced to raise battery price constantly, with 6-QW-60Ah up to 340 yuan.

China’s Lead Market Sees Trading Improvement on Surging SHFE lead, SMM Reports

Ignition battery demand in Chongqing improved, as distributors built stocks with optimistic outlook. Local battery producers in face of significant rise in orders expanded operating rate by 20% on a monthly basis.

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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

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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

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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

TCs for Chinese lead concentrate to Stabilize for the Near Term, SMM Forecasts

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May 8, 2017 16:38

SMM Insight

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Apr 26, 2017 09:19

SMM Comments

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

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Average operating rate at 48 surveyed Chinese primary lead smelters was 63.37% in March, up 5.66 percentage points on a monthly basis.

Apr 18, 2017 14:26

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China Primary Lead Smelters Raise Operating Rate in March, SMM Reports

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

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Yuguang Gold & Lead to Invest 1.93 Bln Yuan in Technical Innovation, and Posts 2016’s Annual Profits up 1311% YoY

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Apr 12, 2017 10:07

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Yuguang Gold & Lead to Invest 1.93 Bln Yuan in Technical Innovation, and Posts 2016’s Annual Profits up 1311% YoY

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

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Ignition Battery Price Expands Further as Surging Lead Price Widens Costs, SMM Reports

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2024 SMM Middle East Secondary Metal Field Trip

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