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[SMM lead Battery column] the price of waste battery is only moderately raised, including tax. There are signs of a small expansion of the deep discount in the recycled lead market.
May 25,2020 13:31CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

May 25th SMM domestic well-known recycled lead enterprises purchase quotations for waste batteries

The trend of SMM lead Market on May 25th

Shanghai Changchi Hongji lead 14620 Mel 14650 yuan / ton, price for Shanghai lead 2006 contract 200 Mel 230 yuan / ton, Wuxi market South lead 14520 Mel 14540 yuan / ton, Shanghai lead 2006 contract 100 Mel 120 yuan / ton quotation for Shanghai lead 2006 contract liter water 14620 Mel 14650 yuan / ton, price for Shanghai lead 2006 contract 200 Mel 230 yuan / ton. Lead futures continued a strong trend and reached a new high in the past two months, with the holder actively shipping goods and lowering the price discount, while the downstream generally held a wait-and-see attitude and fewer inquiries, making it extremely difficult to trade at a high price in the bulk market.

Guangdong market Nanhua lead 14375 yuan / ton, 50 yuan / ton for SMM1# lead price rise; Jinli 14275 ~ 14325 yuan / ton, 50 yuan / ton to Pingshui price for SMM1# lead price; 14275 yuan / ton for Hunan Shuikoushan, 50 yuan / ton for SMM1# lead price; 14125 yuan / ton for Hunan Jingui 14175 yuan / ton, 150,200 yuan / ton for SMM1# lead price. Jiang Copper 14375 yuan / ton, the average price of SMM1# lead 50 yuan / ton quotation. Jiangxi Jinde is 14275 yuan / ton, and the average price discount to SMM1# lead is 50 yuan / ton. Yunnan small factory 14025 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Spot prices are further higher, refinery bulk orders are sold at a high price, but today's spot market transaction is poor, and the downstream is mainly wait-and-see.

In the case of no outer disk containment, the main force of lead in Shanghai has risen strongly, recycled lead enterprises intend to control smelting costs, the price of waste batteries has only moderately increased, and part of it is flat, there are signs of small expansion in the deep discount of tax recycled refined lead market, and the average price discount for SMM1# lead is above 200yuan / ton.

Electric bicycle battery market terminal consumption is not prosperous, dealers only purchase on demand, coupled with the battery wholesale market to maintain the promotion atmosphere, the main model 48v20Ah is 350 Mel 380 yuan 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!

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