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[SMM lead Battery column] downstream purchasing enthusiasm to improve the supply of recycled lead is in short supply.

iconJul 21, 2020 15:01
Source:SMM

July 21 SMM domestic well-known recycled lead enterprises waste battery procurement quotation

The trend of SMM lead Market on July 21

Shanghai market Mulun lead 15020 yuan / ton, price 50 yuan / ton for Shanghai lead 2008 contract; Jiangsu and Zhejiang market Muleng, Wanyang, Yuteng lead 15020 Mel 15070 yuan / ton, Shanghai lead 2008 contract 50 RMB100 / ton; imported KZ lead 14970 yuan / ton, flat quotation for Shanghai lead 2008 contract. Lead concussion rebounded in the future, and the price quoted by the holder followed the market, and the rising water price did not change much for the time being. at the same time, the refinery sticker water narrowed, the downstream inquiry increased, and the market trading atmosphere was good.

Guangdong market Nanhua lead 14900 yuan / ton, quoted for SMM1# lead average price level; Henan Jinli and Wanyang 14880 yuan 14900 yuan / ton, for SMM1# lead average discount 20 yuan / ton to Pingshui (trader); Minshan, Henan 14950 yuan / ton, 50 yuan / ton for SMM1# lead price rise; Shuikoushan, Hunan 14950 yuan / ton, 50 yuan / ton for SMM1# lead price rise (trader); Jiangtong 14920 yuan / ton, 20 yuan / ton for SMM1# lead price rise Yunnan small factory 14600 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Lead prices stopped falling and stabilized, market trading is still good, downstream on-demand procurement, recent orders have picked up, refinery supply is relatively small, loose orders are basically quoted to net prices.

Shanghai lead is entrusted with the intraday moving average in early trading, and the 20-day average is adjusted horizontally at 14948 yuan / ton. Due to the tight supply of waste batteries, the purchasing demand of smelters is not reduced, the price rises with the price of lead, the cost of recycled refineries remains high, more up-price shipments, and the price of reduced lead rises. Recycled lead stickers have also shrunk, the mainstream quotation of SMM1# lead average price discount 150Me 250 yuan / ton, downstream procurement enthusiasm increased, recycled lead supply shortage phenomenon.

The consumption of the electric battery market is mediocre, and the dealers continue to digest the inventory. In addition, due to the rise in the prices of the major brands, the trading activity in the battery wholesale market is OK. At present, 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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