Secondary lead smelters operating rate fell on moderate downstream purchases

Published: Jan 10, 2020 20:25

Save

Anhui Huabo reduced its daily production of secondary lead in response to the upcoming maintenance

SHANGHAI, Jan 10 (SMM) – Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui and Henan provinces averaged 46.7% in the week ended January 10, down 3.2 percentage points from the previous week, showed a SMM survey. Downstream battery producers stockpiled moderately this week.

Anhui Huabo reduced its daily production of secondary lead in response to the upcoming maintenance. This lowered the average operating rate in Anhui by 8 percentage points on the week, to 32%.

The rates in Jiangsu and Henan remained unchanged from a week ago, standing at 56% and 57.5%, respectively.

Operating rates Secondary 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

7 hours ago

Open interest continued to pull back, pushing up lead prices, while spot lead performance limited the gains [Lead Futures Brief]

7 hours ago

8 hours ago

SMM August 11 EV Battery Market Overview [SMM Evening News]

8 hours ago

Lead Price Rebound Ignites Local Production Resumptions, Loss Shackles Still Suppress August Secondary Lead Supply [SMM Analysis]

8 hours ago