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[SMM lead Battery column] the price of waste battery is easy to rise but not fall. Regenerated lead paste continues to narrow.
May 14,2020 13:50CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

May 14 price of SMM lead products

May 14 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

May 14 SMM lead Market Trends

Shanghai market Jinsha lead 14075-14125 yuan / ton, Shanghai lead 2006 contract up 240-300 yuan / ton, Wuxi market south lead 14025 yuan / ton, Shanghai lead 2006 contract up 200 yuan / ton. Lead continued weak decline, coupled with some of the imported lead began to pre-sale, holders of high prices are not strong, downstream to maintain the need for procurement, bulk order market transactions have not improved significantly for the time being.

Guangdong market South China lead 13900 yuan / ton, the average price of SMM1# lead 50 yuan / ton quotation; Henan Yuguang, Wanyang and other smelters to give priority to, Jinli, Wanyang 13850 yuan / ton, the average price of SMM1# lead discount 13900 yuan / ton (traders supply); Hunan Shuikoushan 13850 yuan / ton, the average price of SMM1# lead (traders); Hunan Jingui 13700 yuan / ton, the average price of SMM1# lead discount 150 yuan / ton. Jiang copper 13830 yuan / ton, the average price of SMM1# lead discount 20 yuan / ton quotation. Yunnan small factory 13550 yuan / ton, the average price of SMM1# lead discount 300yuan / ton quotation. Lead prices fluctuate down, smelters still maintain discount shipments, today some shippers are still slowing down the pace of shipments, today's market procurement is mainly recycled lead, primary trading is relatively light.

Shanghai lead weak shock, the waste batteries of most scale recycled lead enterprises are flat, reflecting that the price of waste batteries is still easy to rise and difficult to fall, including tax recycled lead discount has continued to narrow signs, reported to the average price of SMM1# lead discount 150RMB / ton supply transaction is OK.

Automotive battery market replacement demand in general, dealers due to the early purchase of large, temporarily to digest inventory, in addition, the battery wholesale market to maintain the promotional atmosphere, the current main model 6-QW-60Ah in 230280 yuan / only.

With the escalation of global trade disputes in 2019 and the downward pressure on the global economy, 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 refining zinc smelters broke through the bottleneck in 2019 and refreshed the all-time high. Under the disturbance of 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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