[SMM Research] the weekly operating rate of the two light recycled lead refineries in the market is maintained at 47.1 per cent.

Published: Jun 28, 2019 11:50
According to a survey conducted by Shanghai Color Network (SMM), the weekly operating rate of the SMM renewable lead smelter in the three provinces was 47.1% this week (June 22-June 28), which was flat compared with the previous month.

SMM, June 28 / PRNewswire-Asianet /-

According to a survey conducted by Shanghai Color Network (SMM), the weekly operating rate of the SMM renewable lead smelter in the three provinces was 47.1% this week (June 22-June 28), which was flat compared with the previous month.


       

Among them, the operating rate of Jiangsu reclaimed lead smelter was 50.0%, that of Henan reclaimed lead smelter was 75.4%, and that of Anhui reclaimed lead smelter was 18.4%, which was the same as that of last week. In addition, Anhui Huabing will resume production as scheduled on July 2, and after resuming production, the output of regenerated lead in the second phase of the production line will be increased to 1200 tons / day, which is expected to take about 10 days (about 600t / day before the second phase of maintenance); in view of the high cost of the first phase of production, if the subsequent second phase production line can ensure stable production, or the first phase production line will be shut down, the specific plan will depend on the situation, SMM will continue to track.

In the atmosphere of still lifeless terminal consumption, lead in Shanghai has once again dropped to 10,000 levels, and recycled lead refineries have been continuously compressed as a result of smelting profits and purchasing raw materials at reduced prices, resulting in a stalemate in the price of waste batteries for nearly half a month. Finally, there has been a slight downward adjustment to expand the space for water shipment to lead refineries. In addition, the production restrictions of production enterprises caused by weather pollution control in Henan have little impact on local renewable lead enterprises. There are no signs of tight supply in the recycled lead market. As of Friday, the mainstream transaction price of recycled lead with tax expanded to 150 to 200 yuan / ton of SMM1# lead discount, and individual lead refineries purchasing waste battery production reported a discount of 250 yuan / ton.

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.

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[SMM Research] the weekly operating rate of the two light recycled lead refineries in the market is maintained at 47.1 per cent. - Shanghai Metals Market (SMM)