China Refined Lead Supply to Fall in 2017, SMM Foresees, Supporting Price in 2H 2017-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Zinc
  • Copper
  • Aluminium
  • Market commentary
  • nickel laterite
  • hydrogenation stations
  • Production data
  • Nickel ore
  • Futures movement
  • Nickel
  • Macroeconomics
  • In the United States
  • Morning comments

China Refined Lead Supply to Fall in 2017, SMM Foresees, Supporting Price in 2H 2017

Industry News 02:24:50PM Sep 15, 2017 Source:SMM

SHANGHAI, Sept. 15 (SMM) – China’s primary lead output is estimated to fall in 2017, but secondary lead output is likely to grow, SMM lead analyst predicts at the 2017 SMM Secondary Lead-acid Battery Summit. 

In 2017, China’s total refined lead supply is expected to hold stable or drop slightly due to output expectations over primary and secondary lead. 

Why China Secondary Lead Output Grow Steadily? SMM Reports

Downstream demand, on the other hand, is likely to fall slightly over the year. 

Refined lead supply, especially primary lead, is expected to report supply shortages, and this will support lead price for the rest of the year, SMM lead analyst foresees. 

SMM expects spot lead price in China’s domestic market to trade between 18,000-20,000 yuan per tonne, and $2,250-2,500 per tonne. 

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

China Refined Lead Supply to Fall in 2017, SMM Foresees, Supporting Price in 2H 2017

Industry News 02:24:50PM Sep 15, 2017 Source:SMM

SHANGHAI, Sept. 15 (SMM) – China’s primary lead output is estimated to fall in 2017, but secondary lead output is likely to grow, SMM lead analyst predicts at the 2017 SMM Secondary Lead-acid Battery Summit. 

In 2017, China’s total refined lead supply is expected to hold stable or drop slightly due to output expectations over primary and secondary lead. 

Why China Secondary Lead Output Grow Steadily? SMM Reports

Downstream demand, on the other hand, is likely to fall slightly over the year. 

Refined lead supply, especially primary lead, is expected to report supply shortages, and this will support lead price for the rest of the year, SMM lead analyst foresees. 

SMM expects spot lead price in China’s domestic market to trade between 18,000-20,000 yuan per tonne, and $2,250-2,500 per tonne. 

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