[lead Battery column] the price of reduced lead is strong, including tax, the discount for recycled refined lead is 250 won 350 yuan / ton.

Published: Jul 2, 2020 16:33

SMM domestic famous recycled lead enterprises purchase quotations for waste batteries on July 2nd

The trend of SMM lead Market on July 2nd

Shanghai market Mulun lead 14880mur14900 yuan / ton, Shanghai lead 2007 contract discount 70mur50 yuan / ton price; Jiangsu and Zhejiang market Muleng, Jiang copper lead 14880Mue 14900 yuan / ton, Shanghai lead 2007 contract discount 70Mue 50 yuan / ton to level water quotation; import KZ lead 14850 yuan / ton, Shanghai lead 2007 contract discount price 100RMB / ton. Lead on the impulse can be limited, after the opening of the morning a small decline, the price of the holder with the market, while the rapid expansion of recycled lead discount, just need to transfer downstream, the trading market continues to be in the doldrums.

South China lead in Guangdong market is 14825 yuan / ton, the average price of SMM1# lead is 25 yuan / ton, Jinli and Wanyang in Henan is 14700Mel 14750 yuan / ton, and the average price of SMM1# lead is 50ml / ton (trader). Minshan, Henan 14,750,14800 yuan / ton, 50 yuan / ton to Pingshui (SMM1# lead average discount 50 yuan / ton to Pingshui), South China lead price is 14825 yuan / ton, average lead price is 25 yuan / ton, Jinli and Wanyang in Henan Province is 50 yuan / ton. Hunan Shuikoushan 14800 yuan / ton, to SMM1# lead average price flat water quotation (trader); Jiang Copper 14825 yuan / ton, to SMM1# lead average price rise water 25 yuan / ton quotation. Jinde 14725 yuan / ton, the average price of SMM1# lead discount 75 yuan / ton. Yunnan small factory 14400 won 14450 yuan / ton, the average price of SMM1# lead discount 350 million 400 yuan / ton. Lead prices continue to operate at high levels, refinery shipments are active, but downstream delivery is cautious, and spot trading discounts are gradually expanding.

The daily average of Shanghai lead pressure fluctuates downwards, the price of waste battery is stable, and the price of reduced lead is relatively strong, including tax recycled refined lead discount of 250 yuan / ton-350 yuan / ton, afraid of high and careful mining downstream, general market trading.

The terminal consumption of electric battery market is mediocre, and the inventory of dealers is generally on the high side, which is mostly digested inventory, and the price of the main model 48v12Ah is 240 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!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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[lead Battery column] the price of reduced lead is strong, including tax, the discount for recycled refined lead is 250 won 350 yuan / ton. - Shanghai Metals Market (SMM)