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Home / Metal News / Downstream purchases, limited arrivals lower lead stocks in Shanghai, Guangdong

Downstream purchases, limited arrivals lower lead stocks in Shanghai, Guangdong

Sep 28, 2018 14:54

Source:SMM

Social inventories of primary lead across Shanghai, Guangdong fell 2,800 mt over the week ended Sep 28 to 7,900 mt

SHANGHAI, Sep 28 (SMM) – Social inventories of primary lead across Shanghai and Guangdong decreased 2,800 mt over the week ended September 28 to stand at 7,900 mt, SMM data showed.

This marked the second consecutive week of decline as downstream battery plants stockpiled before the upcoming week-long National Day holiday. Limited deliveries from smelters, due to tight supply of lead ore in some areas, also accounted for the drop in social inventories.

Inventory data

Lead

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The power rationing and maintenance continued to limit the domestic supply of primary lead, while the consumption recovered, which will support the lead prices at a high level in the short term.

Nov 8, 2021 15:25

Analysis

Lead Prices May Fall amid Eased Power Rationing, But the Downward Room is Limited

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

Social inventories of lead ingots dipped 700 mt on week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dipped 700 mt from the prior week to 36,400 mt in the week ended August 28.

Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

Zinc social inventories expanded 6,700 mt from last Friday

Zinc inventories in China increased 6,700 mt over the weekend, and Shanghai and Tianjin were the two major contributors.

Aug 3, 2020 14:14

Analysis

Zinc social inventories expanded 6,700 mt from last Friday

Silicon social stock rose 1,000 mt on week

Silicon metal inventories in China continued to rise this week, albeit by a slower pace as seasonal gains in south China’s Kunming were offset by losses in the north caused by the shutdown of a major plant in Xinjiang and logistical disruptions amid a flare-up in coronavirus infections there.

Jul 31, 2020 16:33

Analysis

Silicon social stock rose 1,000 mt on week

Primary aluminium inventories fell below 700,000 mt

Social inventories of primary aluminium ingots in China continued to fall over the weekend, suggesting that fundamentals for Shanghai aluminium prices remain firm.

Jul 27, 2020 11:25

Analysis

Primary aluminium inventories fell below 700,000 mt

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Downstream purchases, limited arrivals lower lead stocks in Shanghai, Guangdong

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit