Home / Metal News / Lead / [SMM lead Battery column] lead prices upstream refineries offer less bulk orders and the market supply is more tight.
[SMM lead Battery column] lead prices upstream refineries offer less bulk orders and the market supply is more tight.
Jul 29,2020 13:31CST
The content below was translated by Tencent automatically for reference.

July 29th SMM domestic well-known recycled lead enterprises waste battery procurement quotation

Trend of lead market in SMM on July 29th

The price of southern lead in Shanghai market is 15535 yuan / ton, 50 yuan / ton for Shanghai lead 2008 contract, 15535 yuan / ton for Jiangsu and Zhejiang market, 15535-15555 yuan / ton for southern lead contract, and 50-70 yuan / ton for Shanghai lead 2008 contract. Lead is approaching the early platform pressure level, but there has not been a successful breakthrough in the morning. The price quoted by the holder follows the market, and the price price has not changed much from yesterday. At the same time, the lower reaches are afraid of heights and less mining, mainly wait-and-see, and it is difficult to trade at a high price in the bulk market.

Guangdong market Nanhua lead 15500 yuan / ton, 50 yuan / ton for SMM1# lead price; 1550 yuan / ton for Hunan Shuikoushan, 50 yuan / ton for SMM1# lead price (trader); Jiang Copper 15480 yuan / ton, 30 yuan / ton for SMM1# lead price. In the south of Hechi, Guangxi, 15450 yuan / ton, the average network price is quoted at level water; the small factory in Yunnan is quoted at 14200,250 yuan / ton, and the average lead price of SMM1# is discounted at 200,250 yuan / ton. The price of lead is in the upstream channel, the price of bulk orders in refineries is less, and the supply of goods in the market is relatively tight.

Shanghai lead early trading with the intraday moving average as the support, the early pressure high of 15540 yuan / ton high shock. The supply of waste battery is tight, the purchasing enthusiasm of refinery is high, and the price of waste battery continues to rise. The price of reduced lead rises slightly with the price of lead, and the discount of recycled refined lead is maintained. The mainstream quotation is 50-100 yuan / ton for SMM1# lead, and 150 yuan / ton for some refineries.

The replacement demand of automobile battery market is stable, dealers purchase on demand, and the operating rate of production lines of large enterprises is OK. In addition, due to the strong rise in lead prices, storage enterprises are more cautious in purchasing raw materials.

The QR code in the scan picture enters the SMM industry communication group.

Lead Battery
waste Battery
recycled lead

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn