SMM, July 24th:
According to a survey by Shanghai Nonferrous Network (SMM), this week (July 20-July 24) the weekly operating rate of SMM recycled lead smelting enterprises in the four provinces was 53.5%, up 0.3% from last week.
Among them, the operating rate of Jiangsu recycled lead licensed smelting enterprises was 53.3%, which was the same as last week. Because the supply of waste batteries was still tight, it was only enough for refineries to maintain normal production, so it was difficult to further increase production, so it was difficult for recycled lead enterprises to fluctuate. Anhui recycled lead licensed smelting enterprises had an operating rate of 48.4%, up 2.3% from last week, mainly because Anhui Dahua production equipment had been debugged and its production capacity was further released. The operating rate of Henan recycled lead licensed smelting enterprises was 47.5%, down 0.4% from last week. Although Henan Jinli's production line returned to normal this week, Yuguang's output decreased due to the tight supply of waste batteries, and Henan's operating rate fell slightly. The operating rate of licensed smelting enterprises of recycled lead in Guizhou was 71.5%, down 3% from last week. Gai stopped production for several days due to the adjustment of production in Cenxiang, Guizhou, and its output was lower than that of last week.
Lead prices are low and fluctuating this week, while the supply of waste batteries is still tight, prices are easy to rise and difficult to fall, profits of recycled lead enterprises are meagre, and production enthusiasm may be reduced. In addition, according to SMM, some refineries plan to reduce production next week, and the operating rate of recycled lead smelting enterprises may fall next week.
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