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[SMM lead Battery column] the Price advantage of recycled refined lead expands the supply and demand of bulk Market
Apr 29,2020 14:29CST
The content below was translated by Tencent automatically for reference.

Price of SMM lead products on April 29th

April 29 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

SMM lead Market Trends on April 29th

Shanghai market Jinsha lead 1438514405 yuan / ton, Shanghai lead 2005 contract price 380400 yuan / ton, Wuxi market south, Shuikoushan 14305-14355 yuan / ton, Shanghai lead 2005 contract 300350 yuan / ton quotation. Due to the limited supply of goods in circulation, the holders of weak consolidation, and the general downstream procurement demand, coupled with the expansion of the price advantage of recycled refined lead, the supply and demand of bulk single market is weak.

South China lead in Guangdong market is 14130 yuan / ton, the average price of SMM1# lead is 80 yuan / ton. Henan Yuguang, Wanyang and other smelters are mainly Jiaochang single, Jinli 14130 yuan / ton, average price of SMM1# lead 80 yuan / ton, Jinli, Wanyangjiang copper 14100 yuan / ton, SMM1# lead 50 yuan / ton, Jiang copper 14150 yuan / ton, SMM1# lead 14150 yuan / ton. Today lead prices continue to weaken, downstream began to prepare storage for the festival, but it is understood that most of the current procurement of recycled lead, primary lead enterprises scattered single liter water quotation has weakened.

Shanghai lead center of gravity slowly moved down, waste battery quotation is basically stable, low-price waste is still difficult to purchase; recycled lead market transaction differentiation, Guizhou, Hubei and Guangdong areas due to low export prices, hot transactions, and the volume of pre-sale is more, while the transaction in other areas is light, the overall discount range of recycled lead including tax has not been further expanded.

Low demand for replacement in the automotive battery market, coupled with no improvement in export orders, battery companies generally maintain promotional sales of batteries, while some enterprises plan to have a holiday of 1-5 days during the May Day holiday.

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