Price of SMM lead products on May 18th
May 18th SMM domestic well-known recycled lead enterprises purchase quotations for waste batteries
The trend of SMM lead Market on May 18th
Shanghai Changchi Hongyang lead 14155mur14215 yuan / ton, price for Shanghai lead 2006 contract 240mur300 yuan / ton, Wuxi market South lead 14115 yuan / ton, Shanghai lead 2006 contract price 200yuan / ton. Lead rebounded slightly, the price of the holder has not changed much compared with last week, at the same time, there are pre-sale quotations for imported lead in the market, the lower reaches are not optimistic about the future, they just need to purchase, and the transaction in the bulk market is general.
Guangdong market South China lead 14000 yuan / ton, the average price of SMM1# lead 50 yuan / ton price; Henan Yuguang, Wanyang and other smelters to traffic order, Jinli, Wanyang 13925 yuan 13950 yuan / ton, the average price of SMM1# lead discount 25 yuan / ton to level water quotation; Hunan Shuikoushan 13900 yuan / ton, the average price of SMM1# lead discount 50 yuan / ton; Hunan Jingui 13800 yuan 13850 yuan / ton, the average lead price discount of 100,150 yuan / ton. Jiangzhong 13950 yuan / ton, the average price of SMM1# lead flat water quotation. Yunnan small factory 13650 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Lead prices low upward, Henan smelter bulk single quotation discount slightly narrowed, other areas to maintain discounted shipments, the original trading is relatively light.
With the high shock of lead in Shanghai, Wansi still firmly limits the upward space, and some recycled lead enterprises have moderately raised the quotations of waste batteries, reflecting the continuing shortage of waste batteries on the market, the return of lead smelting is difficult to make profits, and the supply is limited. The discount range of recycled lead with tax is narrower than it was at the beginning of last week.
Today, the electric lead plate (internalized) is reported at 15550, 15750 yuan / ton, the market demand for storage battery is low, the inventory of some enterprises is high, and the start-up is less than the full load.
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 will remain unchanged, and 2020 will also be the year when China will build a moderately prosperous society in an all-round way and the 13th five-year Plan ends. In this context, the new crown virus is rampant all over the world, and it is worth looking forward to how to achieve steady economic growth.
In terms of the lead market, the newly expanded production capacity of overseas mines has been released one after another from 2019 to 2020, but the overseas epidemic has spread and some overseas mines have been put into production and mines under construction. Where will the lead concentrate go in 2020? At the same time, new expansion projects in China's recycled lead market are springing up everywhere. What is the actual output release in 2020? Whether the cost support is effective or not, the supply of waste batteries has become the focus of the future market; and under the influence of a number of policies (such as the new national standard for electric bicycles, motorcycle purchase tax exemption, etc.), whether the subsequent lead consumption matches, and what is the trend of lead prices in 2020?
In response to the above topics, SMM will invite industry celebrities, industry professionals, enterprises from the upper and lower reaches of the industrial chain to hold the "2020 (15th) lead and Zinc Summit" in Changsha to jointly discuss the current situation and problems of the industry, as well as the 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 in the picture to sign up for the lead-zinc summit and fill in the personal information on the last page. The meeting staff will contact you later!