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[SMM lead Battery column] Primary lead and recycled lead factory shipment discount once again expand trade market transaction light
May 12,2020 13:32CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

May 12 SMM lead product price

May 12 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

May 12 SMM lead Market Trends

Shanghai market Jinsha lead 14425-14445 yuan / ton, Shanghai lead 2006 contract up 280-300 yuan / ton, Wuxi market south lead 14345 yuan / ton, Shanghai lead 2006 contract up 200 yuan / ton. Period lead rush high fall, the holder quotation does not have the big change temporarily, but downstream fears the high wait and see, the primary lead and the recycled lead factory shipment discount water expands again, the trade market transaction is light.

South China lead in Guangdong market is 14250 yuan / ton, the average price of SMM1# lead is flat. Henan Yuguang, Wanyang and other smelters are mainly long orders, Jinli, Wanyang, Minshan 14050 million 14100 yuan / ton, the average discount to SMM1# lead 150 yuan 200 yuan / ton (some traders source); Hunan Shuikoushan 14250 yuan / ton, the average lead price of SMM1# level (traders); Hunan Jingui 14100 yuan 14150 yuan / ton, the average lead price discount 100,150 yuan / ton. Jiang copper 14230 yuan / ton, the average price of SMM1# lead discount 20 yuan / ton quotation. Yunnan small factory 13950 yuan / ton, the average price of SMM1# lead discount 250 yuan / ton quotation. Today's market spot prices higher, smelters to expand discount shipments, but bulk market transactions are still relatively light.

Shanghai period lead high fall, recycled lead enterprises strictly control waste battery quotation, only a small moderate increase; including tax recycled lead mainstream transaction price has expanded, overquoted to the SMM1# lead average price discount 200yuan / ton or more out of the factory, but downstream procurement mood is low, recycled lead market trading is light.

Electric bicycle battery market replacement demand is weak, at the same time, major brands to increase promotion efforts, some enterprises have been approaching the cost line, dealers meet bargains, the main model 48v20Ah to 350-380yuan / group.

In 2019, global trade disputes escalated, the global economy was under pressure, and central banks began a wave of interest rate cuts. At the same time, the meeting of the political Bureau of the CPC Central Committee stressed that at present and for some time to come, the basic trend of China's economic stability and long-term improvement has not changed, and 2020 is also the year for China to build a well-off society in an all-round way and the end of the 13th five-year Plan. Against this background, the new crown virus is raging all over the world, and how to achieve stable economic growth in China is worth looking forward to.

In the zinc market, overseas mines will increase production step by step in 2019, but the increase in domestic mine production will be repeatedly hindered. In the first quarter of 2020, zinc prices fell through the mine cost line, mine profits plummeted, and how smelters and mine profits will be distributed in 2020. can overseas mines be expected to be put into production under the disturbance of the epidemic situation? In addition, the output of domestic zinc refining smelters broke through the bottleneck and set a new record in 2019, but under the disturbance at the supply end of zinc mines in 2020, can the capacity utilization rate of smelters maintain a high load? Whether the infrastructure investment under the tone of "stabilizing the economy" in 2020 can exceed the expected performance, whether the super-seasonal performance of the galvanizing industry can still be expected, and whether the contradiction between supply and demand of zinc may reverse in 2020, paying attention to and laying out structural opportunities is another option. Can zinc prices pick up in 2020?

In view of the above topics, SMM will invite industry bigwigs, industry professionals, upstream and downstream enterprises of the industry chain to hold the "2020 (15th) lead and Zinc Summit" in Changsha to discuss the current situation and problems faced by the industry, as well as future development prospects, and analyze the fundamentals and the future trend of zinc prices.

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

Scan the QR code to sign up for the lead and zinc summit and fill in the personal information at the end of the page, and the conference staff will contact you later!

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