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[SMM lead Battery column] lead Price strengthens Refinery Shipping, active downstream pickup, cautious spot Trade discount and further expansion
Jul 1,2020 14:15CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM domestic famous recycled lead enterprise purchasing quotation for waste battery on July 1st

The trend of SMM lead Market on July 1st

Shanghai market Mulan lead 14970mur14990 yuan / ton, Shanghai lead 2007 contract discount 70mur50 yuan / ton price; Jiangsu and Zhejiang market Muleng, Jiang copper lead 14970color 14990 yuan / ton, Shanghai lead 2007 contract discount 70Mue 50 yuan / ton to level water quotation; import KZ lead 14940 yuan / ton, Shanghai lead 2007 contract discount price 100RMB / ton. Lead futures break up one after another, and the holders offer more, but due to the relatively abundant supply of goods in circulation, fear of high and careful mining downstream, and more bargaining, there is no significant improvement in the spot market for the time being.

Guangdong market South China lead 14850 yuan / ton, the average price of SMM1# lead price 25 yuan / ton quotation; Henan Jinli, Wanyang 14775 SMM1# lead price 14,800 yuan / ton, the average price of SMM1# lead discount 25 million 50 yuan / ton (trader); Hunan Shuikoushan 14825 yuan / ton, to SMM1# lead average price level quotation (trader); Hunan Jingui 14825 yuan / ton, to SMM1# lead average price flat quotation (trader). Jiang Copper 14850 yuan / ton, the average price of SMM1# lead water 25 yuan / ton quotation. Jinde 14750 yuan / ton, the average price of SMM1# lead discount 75 yuan / ton. Yunnan small factory 14475, 14525 yuan / ton, the average price of SMM1# lead discount 300 million 350 yuan / ton. Lead prices continue to strengthen, refinery shipments are active, but downstream delivery is cautious, spot trading discount is gradually expanding.

Shanghai lead runs above the daily average line, the supply of waste batteries in the market is limited, lead prices rise, waste battery prices rise again, reduced lead prices also rise slightly along with lead prices, including tax on recycled refined lead discount expands, 200 SMM1# lead discount 250 yuan / ton, downstream market transactions are limited.

The replacement demand of the automobile battery market is light, the dealers mainly digest the inventory, the promotion atmosphere of the battery wholesale market is maintained, and the production of large and medium-sized enterprises is 7090%.

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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waste Battery
recycled lead
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