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[SMM lead Battery column] the regenerated lead market has not yet been reflected in the light trading of pre-and downstream reserves.

iconApr 23, 2020 13:15
Source:SMM

Price of SMM lead products on April 23rd

April 23 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

SMM lead Market Trends on April 23rd

Shanghai market south, Shuikoushan lead 14420-14470 yuan / ton, Shanghai lead 2005 contract price 430-480 yuan / ton, Wuxi market Shuikoushan lead 14390-14440 yuan / ton, Shanghai lead 2005 contract 400-450 yuan / ton quotation. Because the market circulation supply is scarce, the lead price strengthens again, the holder quotes by the high rise water, the downstream active inquiry, but the market supply is limited, the downstream mainstream transaction concentrates in the long order, the bulk order market transaction activity is better.

Shanghai lead to daily averages to support the bottom shock, recycled lead enterprises to raise the price of waste battery is not high, recycled lead market trading is light, pre-festival downstream reserve has not yet been reflected.

Electric battery market terminal consumption is not good, dealers supply is difficult to sell, some brands or increase the promotion of batteries, a few areas 48v20Ah has been less than 400 yuan / group.

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