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[SMM lead Battery column] demand for light reduced lead in the downstream market is declining

iconApr 20, 2020 13:12
Source:SMM

Price of SMM lead products on April 20

April 20 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

SMM lead Market Trends on April 20

Shanghai market Jinsha lead 14125-14175 yuan / ton, Shanghai lead 2005 contract up 330-380 yuan / ton, South, Shuikoushan lead 14275-14295 yuan / ton, Shanghai lead 2005 contract 480500 yuan / ton, Wuxi market Shuikoushan lead 14245 yuan / ton, Shanghai 2005 contract 450RMB / ton. Lead weak consolidation, and Jiangsu, Zhejiang and Shanghai areas around the circulation of goods is still small, holders maintain high water quotation, downstream demand is not strong, on-demand procurement, bulk single market transaction activity is general.

Shanghai lead hovered in the lower limit of the concussion interval, and the demand for recycled lead was light in the lower reaches, which led to the weakening of the trading of recycled lead and the decline of market demand for reduced lead. The quotation basically fluctuated with the price of lead, and most of the refined lead containing tax was shipped by discount.

Today, the electric lead plate (externalized) reported 16350-16550 yuan / ton, the storage battery market demand is light, storage enterprises in order to avoid the accumulation of inventory, more to sell fixed production, in addition to maintain the promotion of finished batteries.

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