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[SMM investigation] the stable weekly operating rate of the primary lead smelter remained unchanged on Wednesday.
Jun 14,2019 09:02CST
translation
Source:SMM
The operating rate of SMM primary lead smelter was 60.6% in the three provinces, 82.3% in Henan primary smelter, 39.5% in Yunnan primary lead smelter, 37.3% in Hunan primary lead smelter, 32.3% in Henan primary lead smelter, 33.5% in Yunnan primary lead smelter, 37.3% in Hunan primary lead smelter, 82.3% in Henan primary lead smelter and 37.3% in Hunan primary lead smelter.
The content below was translated by Tencent automatically for reference.

SMM6 14: according to Shanghai Nonferrous Network (SMM) survey, this week (June 10-June 14)

The operating rate of SMM primary lead smelter was 60.6% in the three provinces, 82.3% in Henan primary smelter, 39.5% in Yunnan primary lead smelter, 37.3% in Hunan primary lead smelter, 32.3% in Henan primary lead smelter, 33.5% in Yunnan primary lead smelter, 37.3% in Hunan primary lead smelter, 82.3% in Henan primary lead smelter and 37.3% in Hunan primary lead smelter.

This week, except for inspection and repair plants in Henan, Yunnan and Hunan, other refineries have maintained a state of conventional production; the weekly operating rate has not changed compared with the previous month; according to SMM, if the refinery is overhauled again in June, how will the electrolytic lead market close this week when the supply of electrolytic lead is compressed? Due to the low terminal consumption, the average price of SMM1# lead in refineries has been reduced from 30 to 50 yuan per ton, and traders have also reduced the price of water. Some domestic ordinary lead to 1907 contract discount 20 to 30 yuan per ton; at the same time, some recycled lead refineries began to expand the delivery of water, some of the recycled lead has been priced at 150 to 200 yuan per ton. It is not difficult to find that although the supply of electrolytic lead is reduced, the downstream purchasing mood is extremely pessimistic because of the low terminal consumption, the market transaction is extremely light, and the lead price still has the risk of going down in the short term.

 

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