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[SMM lead Battery column] recycled lead enterprises are willing to raise the purchase price of waste batteries with low tax and the discount range of recycled refined lead market is difficult to collect.

iconMay 27, 2020 13:07
Source:SMM

May 27th SMM domestic well-known recycled lead enterprise waste battery purchase quotation

Trend of lead Market in SMM on May 27th

Shanghai Changchi Hongyang lead 14715 yuan / ton, 200 yuan / ton for Shanghai lead 2006 contract, 14615 yuan / ton for southern lead in Wuxi market, and 14615 yuan / ton for Shanghai lead 2006 contract. Another import KZ lead 14515 yuan / ton, Shanghai lead 2006 contract flat water quotation. Lead futures continued a strong trend, the holder accompanied the quotation, while the electrolytic lead factory shipping discount expanded (the average price of SMM1# lead), downstream is also a long order purchase, the bulk single market turnover is light.

Guangdong market Nanhua lead 14425 yuan / ton, 50 yuan / ton for SMM1# lead price rise; Jinli 14325-14375 yuan / ton, 50 yuan / ton to Pingshui for SMM1# lead price; Wanyang 14375 yuan / ton, for SMM1# lead price level; Shuikoushan 14275 yuan / ton, 50 million yuan / ton for SMM1# lead price; 14175 yuan 14225 yuan / ton for Hunan Jingui, 150,200 yuan / ton for SMM1# lead price Jiang Copper 14425 yuan / ton, the average price of SMM1# lead 50 yuan / ton quotation. Jiangxi Jinde is 14325 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 continue to be strong upward, refinery single transactions in the doldrums, mostly long single transactions, today's overall spot transactions are bleak.

Due to the high shock of lead in Shanghai, the willingness of recycled lead enterprises to raise the purchase price of waste batteries is low, the discount range of recycled lead market including tax is difficult to collect, the downstream is afraid of high and cautious procurement, and the market trading is light.

Today, the electric lead plate (externalized) is reported to be 16750 RMB17000 / ton, the battery market demand is not prosperous, the dealers are cautious in purchasing, the battery enterprises are mostly determined by sales, and the opening of the factory has not changed much for the time being.

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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