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[SMM lead Battery column] the price of reduced lead weakens with the price of lead and the case of regeneration / primary inversion collapses.
Apr 15,2020 13:02CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

Price of SMM lead products on April 15

April 15 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

SMM lead Market Trends on April 15

Shanghai market Jinsha lead 14285-14315 yuan / ton, Shanghai lead 2005 contract 400-430 yuan / ton quotation; southern silver lead 14315-14335 yuan / ton, Shanghai lead 2005 contract 430-450 yuan / ton; Wuxi market Shuikoushan lead 14335 yuan / ton, Shanghai lead 2005 contract 450yuan / ton quotation. The supply of recycled lead continued to rise, downstream consumption was weak, and the upward momentum of lead prices was insufficient. At the same time, the supply of goods in circulation in the trade market increased slightly.

South China lead in Guangdong market is 14130 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 14150 yuan / ton, the average price of SMM1# lead up 100 yuan / ton (traders), Jiang copper 14150 yuan / ton, the average price of SMM net 100 yuan / ton, Anhui bronze crown 14250 yuan / ton, the average price of SMM net up 200 yuan / ton; Today, the smelter supply is still relatively small, only some refineries bulk single high water quotation, downstream procurement to recycled lead-based, today's prices weakened, battery procurement has recovered, the market trading is still good.

The weak shock of lead in Shanghai period, the circulation of waste battery is not loose, restricting the supply of recycled lead from the source, at the same time, the terminal consumption is weak, the purchasing demand of storage enterprises is cautious, so the price of reduced lead weakens with the price of lead, and the situation of regeneration / primary inversion collapses.

Today, the electric lead plate (externalized) is reported to be 16450-16650 yuan / ton, the market consumption of storage battery is light, coupled with the weakening of lead price, the production enthusiasm of storage battery enterprises decreases, and the raw materials are also used with the purchase.

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