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[lead Battery column] the price advantage of recycled lead is obvious. Downstream procurement tends to be a large discount source of recycled lead.
Jul 8,2020 13:19CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

July 8th purchase quotation of waste batteries from SMM's well-known domestic recycled lead enterprises

 

The trend of SMM lead market on July 8th

In the Shanghai market, the price of Mu Lang lead is 14990 won 15000 yuan / ton, and the discount for Shanghai lead 2007 contract is 50mur40 yuan / ton; in the south of Jiangsu and Zhejiang market, the price of copper crown lead is 14990Mel 15010 yuan / ton, and the discount for Shanghai lead 2007 contract is 50mur30 yuan / ton. The trend of lead futures is strong, and the price of the holder is in line with the market, but because of the large difference in the current price, some of the holders have delivered the warehouse one after another, and the price of warehouse receipt goods is relatively strong, but the price advantage of recycled lead is obvious, and most of the downstream buyers prefer the large discount source of recycled lead.

Guangdong market Nanhua lead 14950 yuan / ton, for SMM1# lead average price 25 yuan / ton quotation; Henan Jinli 14875 yuan / ton, to SMM1# lead average price flat water quotation (trader); Henan Minshan 14875 yuan / ton, to SMM1# lead average price flat water quotation; Hunan Shuikoushan 14875 yuan / ton, to SMM1# lead average price flat water quotation (trader); Jiang Copper 14875 yuan / ton, to SMM1# lead average price flat water quotation. Jinde 14825 yuan / ton, 50 yuan discount to SMM1# lead price. Anhui Bronze Crown 14990 yuan / ton, 2007 contract discount 50 yuan / ton. Yunnan small factory 14525 yuan 14575 yuan / ton, the average discount price of SMM1# lead 300 yuan 350 yuan / ton. The main market funds continue to do high prices, market consumption remains light, downstream procurement is completely needed, smelters do not expand and paste water for delivery, and some refineries plan market delivery.

Shanghai lead fluctuates upstream far away from the daily average line, the supply of waste batteries is still tight, the procurement of smelters is active, the price of waste batteries is rising, the discount of recycled refined lead has been expanded, and the downstream is more active in purchasing deep discount sources.

Electric bicycle battery market terminal consumption is general, dealers are mainly to digest inventory, and due to the rise in lead prices, the news of price increases in the industry is frequent. At present, 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!

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