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[SMM lead Battery column] reduced lead market supply is tight, low price difficult to adopt recycled lead market trading is light
May 19,2020 13:13CST
The content below was translated by Tencent automatically for reference.

Price of SMM lead products on May 19th

May 19th SMM domestic well-known recycled lead enterprises purchase quotations for waste batteries

Trend of lead Market in SMM on May 19th

Shanghai Changchi Hongji lead 14320Mue 14360 yuan / ton, price for Shanghai lead 2006 contract Litsu 260 Yuan / ton, Southern lead 14240Muth14260 yuan / ton, Shanghai lead 2006 contract Littl Water 180mur200 yuan / ton. Lead hit high and fell back, and the holder due to limited supply, continue to rise water quotation, and the lower reaches of the future is not optimistic, more wait-and-see to carefully adopt, the bulk market turnover is light.

Guangdong market Nanhua lead 14150 yuan / ton, 50 yuan / ton for SMM1# lead price; Jinli 14100 ~ 14150 yuan / ton, 50 yuan / ton to level water for SMM1# lead price, Yuguang 14200 yuan / ton, 100 yuan / ton for SMM1# lead price; Jinli, Wanyang 14100 yuan / ton, flat water quotation for SMM1# lead price (trader); Shuikoushan 14100 yuan / ton, 50 yuan / ton for SMM1# lead price; Hunan Jingui 14000 yuan / ton, the average price of SMM1# lead discount 150 yuan / ton. Jiangzhong 14100 yuan / ton, the average price of SMM1# lead flat water quotation. Jiangxi Jinde is 14100 yuan / ton, and the average price discount to SMM1# lead is 50 yuan / ton. Yunnan small factory 13850 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Spot prices are rising rapidly, Henan smelter bulk order quotation is maintained near Pingshui, but the willingness to ship is strong, other areas maintain discounted shipments, today's downstream enterprises are not willing to purchase, mainly wait and see.

The high level of lead in Shanghai has fallen back, and it is difficult to maintain the Wansi platform. Most recycled lead enterprises adjust the quotations of waste batteries, reducing the tight supply of lead in the market, the low price is difficult to adopt, and the trading in the recycled lead market is light, resulting in a dilemma between supply and demand.

The replacement demand in the electric bicycle battery market is general, the major brands maintain sales promotion, and the dealers are under great pressure. At present, the main model 48v20Ah is 350 RMB380 per 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 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!

Lead Battery
waste Battery
recycled lead

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