[SMM lead Battery column] demand for replacement in the Automotive Battery Market General part of the Storage Enterprises have cut their production plans by 10-20%

Published: Apr 14, 2020 13:07

Price of SMM lead products on April 14

April 14 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

April 14 SMM lead Market Trends

Shanghai market Shuikoushan, southern lead 14550-14600 yuan / ton, Shanghai lead 2005 contract up 400-450 yuan / ton, Wuxi market Shuikoushan lead 14550 yuan / ton, Shanghai lead 2005 contract 400 yuan / ton quotation. Lead strong upward, and downstream fear of high careful mining, inquiry enthusiasm declined, the holder quotation has been reduced one after another, but the actual transaction is still very few.

South China lead in Guangdong market is 14280 yuan / ton, the average price of SMM1# lead is 80 yuan / ton. Henan Yuguang, Wanyang, Jinli and other smelters mainly produce long orders, and the supply is basically sold in advance this week: Hunan Shuikoushan 14300 yuan / ton, the average price of SMM1# lead up 100 yuan / ton (traders), Jiang copper 14300 yuan / ton, the average price of SMM net 100 yuan / ton, Anhui bronze crown 14400 yuan / ton, the average price of SMM net up 200 yuan / ton; Today, the supply of smelters is still relatively small, only some refineries single high water quotation, downstream procurement to recycled lead, the primary market trading is weaker than the previous month.

Shanghai lead main station on the Wansi pass, waste battery market circulation supply is tight, resulting in reduced lead market supply tightened, but the terminal consumption turned weak, storage enterprises started limited, so lead prices strengthened, procurement cautious.

Auto battery market replacement demand is general, dealers adopt carefully on demand, coupled with poor export orders, some storage enterprises have reduced production plans by 10-20%, and the main model 6-QW-60Ah is 230,280 yuan per unit.

"Click to sign up for SMM" 2020 (15th) lead and Zinc Summit

Activity Tips:

Lottery Note: lottery links are currently available only to users who have successfully paid for their registration.

Customer service QR code

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 to learn 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
Weak Macro Conditions and Mediocre Fundamentals; Lead Prices Remained Range-Bound [SMM Lead Morning Brief]
2 hours ago
Weak Macro Conditions and Mediocre Fundamentals; Lead Prices Remained Range-Bound [SMM Lead Morning Brief]
Read More
Weak Macro Conditions and Mediocre Fundamentals; Lead Prices Remained Range-Bound [SMM Lead Morning Brief]
Weak Macro Conditions and Mediocre Fundamentals; Lead Prices Remained Range-Bound [SMM Lead Morning Brief]
[SMM Lead Morning Update: Weak Macro Conditions and Mediocre Fundamentals; Lead Prices Remain Range-Bound] SMM, March 6: Overnight, LME lead opened at $1,960.5/mt. With bearish macro factors continuing to weigh on the market, LME lead fluctuated downward throughout the day......
2 hours ago
Mixed Macro News; Lead Prices Continued to Consolidate [SMM Lead Morning Meeting Minutes]
2 hours ago
Mixed Macro News; Lead Prices Continued to Consolidate [SMM Lead Morning Meeting Minutes]
Read More
Mixed Macro News; Lead Prices Continued to Consolidate [SMM Lead Morning Meeting Minutes]
Mixed Macro News; Lead Prices Continued to Consolidate [SMM Lead Morning Meeting Minutes]
[SMM Lead Morning Meeting Minutes: Mixed Macro News, Lead Prices Continued to Consolidate] Premier Li Qiang delivered the Government Work Report: China’s 2026 economic growth target was 4.5%–5%, with the deficit ratio at around 4%. At present, the impact of the Chinese New Year holiday on the domestic market has largely dissipated, except that maintenance at some lead smelters has yet to resume…
2 hours ago
The Most-Traded SHFE Lead 2604 Contract Formed a Doji, the Weak Supply-Demand Pattern Remained Unchanged, and It Was Likely to Maintain Sideways Movement in the Short Term [Brief Commentary on SHFE Lead]
18 hours ago
The Most-Traded SHFE Lead 2604 Contract Formed a Doji, the Weak Supply-Demand Pattern Remained Unchanged, and It Was Likely to Maintain Sideways Movement in the Short Term [Brief Commentary on SHFE Lead]
Read More
The Most-Traded SHFE Lead 2604 Contract Formed a Doji, the Weak Supply-Demand Pattern Remained Unchanged, and It Was Likely to Maintain Sideways Movement in the Short Term [Brief Commentary on SHFE Lead]
The Most-Traded SHFE Lead 2604 Contract Formed a Doji, the Weak Supply-Demand Pattern Remained Unchanged, and It Was Likely to Maintain Sideways Movement in the Short Term [Brief Commentary on SHFE Lead]
18 hours ago