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[SMM lead Battery column] lead prices are strong upstream market supply is relatively small downstream to maintain on-demand procurement

iconJul 28, 2020 13:09
Source:SMM

July 28th SMM domestic well-known recycled lead enterprises waste battery procurement quotation

The trend of SMM lead Market on July 28th

The price of southern lead in Shanghai market is 15245 yuan / ton, which is 50 yuan / ton for Shanghai lead 2008 contract, and 15245 yuan / ton for Jiangsu and Zhejiang market, and 50-80 yuan / ton for Shanghai lead 2008 contract. Lead futures continued to rise, and due to the limited supply of goods in circulation, the holders made more price shipments, the quotation turned to rising water, while the downstream was afraid of high and cautious mining, and the trading activity of the bulk market was weaker than yesterday.

Guangdong market Nanhua lead 15325 yuan / ton, flat water quotation for SMM1# lead price; Minshan, Henan province, 15425 yuan / ton, for SMM1# lead price 100 yuan / ton; Shuikoushan, Hunan, 15375 yuan / ton, 50 yuan / ton for SMM1# lead price (trader); Jiangtong 15325 yuan / ton, flat water price for SMM1# lead. Yunnan small factory 15005 yuan / ton, the average price of SMM1# lead discount 300 yuan / ton. Lead prices continue to rise strongly, the supply of goods in the market is relatively small, downstream today still maintain on-demand procurement, the overall future orders are expected to be revised.

Shanghai lead early trading is supported by the intraday moving average and fluctuates horizontally in the range of 15350-15470 yuan / ton. The supply of waste batteries is tight, the purchasing demand of refineries is strong, and the price of waste batteries is rising. The price of reduced lead has risen sharply with the lead price, and the discount of recycled refined lead has been expanded. The mainstream quotation is 100-150 yuan / ton on the average price of SMM1# lead, and the downstream is afraid of falling and careful to adopt, so as to maintain rigid demand.

Today, the electric lead plate (internalized) is reported to be 16850-17100 yuan / ton, the consumption of the battery market is slightly better, and the production enthusiasm of storage enterprises is OK. At present, the operating rate of medium and large enterprises is maintained at 70-90%.

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