Operating rates across primary lead smelters rebound on week

Published: Feb 22, 2019 18:53

Save

Rate across primary lead smelters in Henan, Hunan and Yunnan increased 3.1 percentage points week on week

SHANGHAI, Feb 22 (SMM) – Resumption from CNY breaks buoyed the overall operating rates across Chinese primary lead smelters this week.

Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces increased 3.1 percentage points week on week, and averaged 53.2% in the week through February 22, SMM data showed.

Rates across plants in Henan rose 1.1 percentage points to 72.2% as local primary smelters returned from holiday and started to generate output. SMM learned that Henan Xinling planned to undertake maintenance by the end of next week.

Smelters of Hunan Jinwang restarted production this week, and Hunan Shuikoushan Zhihui recovered on February 19. These lifted the average operating rate across primary lead smelters in Hunan by 2.7 percentage points, to 35.4%.

The Yunnan-based Mengzi and Honghe Zhenxing smelters also came back online this week. This accounted for an increase of 8.9 percentage points in the operating rate across smelters in Yunnan, which stood at 31%.

Operating rates Primary lead

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

[SHFE lead morning news] SHFE and LME rise in tandem, SHFE lead night session approaches previous high of 16,380 yuan/mt

2 hours ago

Macro pressure eases, lead prices rise for consecutive days; spot cargo high premium & downstream turns cautious [SMM Lead Morning Meeting Summary]

2 hours ago

16 hours ago

Tax Reforms Increase Compliance Pressure on Secondary Lead Market, Raising Costs and Production Concerns

[Secondary Lead Market Dynamics] According to SMM, tax authorities are advancing "invoicing upon transaction," with stricter supervision across the entire invoice chain. Secondary lead enterprises are facing rising compliance pressure in scrap battery raw material procurement, making it more difficult to obtain compliant supply. The market believes that raw material compliance costs are rising, and expectations of production cuts or suspensions in the industry are growing. SMM will continue to track enterprise operating rates and arrivals of materials.

16 hours ago