SMM, Oct. 25: according to Shanghai Colored Network (SMM) research, this week (Oct. 19-Oct. 25) SMM recycled lead smelter weekly operating rate of 53.3%, up 4.0% month-on-month.
Among them, the operating rate of Anhui recycled lead licensed smelter was 40.0%, all the same as that of last week, while the operating rate of Jiangsu recycled lead licensed smelter was 66.7%, up 8.4% from last week, mainly due to the increase of production in the Spring Festival and the increase of weekly recycled lead contribution. The operating rate of Henan recycled lead smelter was 56.2%, up 4.4% from last week, mainly because Henan Jinli kept two waste battery dismantling lines running this week.
This week, lead prices continue to decline near Wanqi, waste battery prices do not follow the rise, and the reduction of lead market circulation supply is abundant, coupled with the limited demand for storage enterprises, refineries worry about the future market, so that recycled lead discount continues to expand, and brush the largest discount range in the last two years, as of today, including tax regenerated lead mainstream transaction price of SMM1# lead average price discount 450,600 yuan / ton ex-factory.
Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business