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[SMM lead Battery column] Export orders in the automotive battery market continue to weaken. Individual batteries are down about 3 percent.
Apr 2,2020 14:04CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

Price of SMM lead products on April 2

April 2 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

SMM lead Market Trends on April 2

Shanghai market Jinsha lead 14105-14135 yuan / ton, Shanghai lead 2004 contract water 130-160 yuan / ton quotation, Jiangsu and Zhejiang market Shuikoushan lead 14125-14135 yuan / ton, Shanghai lead 2004 contract 150-160 yuan / ton quotation. Lead price shock falls back, and the market warehouse receipt supply is less, the holder makes a price to ship more, at the same time downstream purchase turns to the refinery supply one after another, the bulk order market transaction is limited.

Shanghai lead center of gravity continues to move down, waste battery quotation is limited, recycled lead enterprises said that low-cost waste is difficult to purchase, downstream orders are poor, recycled lead market as a whole trading light.

The auto battery market has been dragged down by the overseas epidemic, export orders continue to weaken, coupled with the general demand in the domestic replacement market, major brands have reduced the price of batteries one after another, a single battery drop of about 3 percentage points.

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