[SMM lead Battery column] the high lead price falls down and the smelter is not willing to ship goods. The market quotation remains flat to rising water.

Published: Jul 31, 2020 13:49 (GMT+8)

Save

July 31 SMM domestic well-known recycled lead enterprises waste battery procurement quotation

The trend of SMM lead Market on July 31st

The price of southern lead in Shanghai market is 15675 yuan / ton, 50 yuan / ton for Shanghai lead 2008 contract, 15675 yuan / ton for Jiangsu and Zhejiang market, 15675-15700 yuan / ton for southern lead contract, and 50-75 yuan / ton for Shanghai lead 2008 contract. Lead concussion correction, holders accompanied by quotations, but recycled lead to maintain discounted shipments, downstream procurement to choose low according to demand, trading in the market is still not improved.

South China lead 15650 yuan / ton in Guangdong market, 50 yuan / ton in SMM1# lead price; 15700 yuan / ton in Minshan, Henan, 100 yuan / ton in SMM1# lead price; 15650 yuan / ton in Shuikoushan, Hunan, 50 yuan / ton in SMM1# lead price (trader); 15570 yuan / ton in the south of Hechi, Guangxi, 30 yuan / ton discount to flat water; 15350 yuan / ton in Yunnan small factory, 250 yuan discount to SMM1# lead price. The high price of lead falls, the willingness of the smelter to ship is still not high, and the market quotation remains flat to rising water.

Shanghai lead morning trading is adjusted horizontally along the daily average. The supply of waste battery is tight, the purchasing demand of smelter is not reduced, the price is high and stable, and the mainstream quotation of electric waste battery is still maintained at 8400-8550 yuan / ton. Reduced lead prices fell slightly with lead prices, recycled refined lead discount expanded, the mainstream quoted price of SMM1# average discount 100,150yuan / ton, some refineries quoted a discount of 200yuan / ton, due to the end of the month, more downstream to maintain rigid demand, light trading.

Electric lead plate (internalized) reported 17150-17350 yuan / ton, the battery market demand is stable, and taking into account the follow-up peak season expectations, the production operating rate of large and medium-sized storage enterprises to 70-90%.

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

Lead Battery waste Battery recycled lead quotation

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

3 mins ago

Hunan Yingyonghui Supply Chain Co., Ltd. Looks Forward to Meeting You at the 2026 SMM Lead & Zinc Annual Conference

3 mins ago

26 mins ago

Polymetals completes Endeavor Upper Main Lode drilling, with POL038 returning high-grade lead-zinc-silver mineralization

Polymetals Resources has completed drilling at the Upper Main Lode of its Endeavor mine in New South Wales. Hole POL038 returned 14.2m grading 494g/t silver, 7.1% lead, 4.8% zinc, 0.76g/t copper and 0.75g/t gold, equivalent to 687g/t AgEq. Within the interval, a 0.7m supergene zone returned 1,195g/t silver and 9.2% copper. The program advanced the Upper Main Lode from a new geological interpretation to a defined resource of 1.6Mt grading 8.5% zinc, 6.0% lead and 234g/t silver. The latest holes principally tested the overlying oxidised and supergene zone, which is excluded from the current resource; core loss ranged from 1.5% to 70%, with unrecovered material assigned zero grade. Mine design and technical studies are continuing, with an Ore Reserve estimate targeted for Q2 FY2026–27.

26 mins ago

38 mins ago

Aya updates Boumadine PEA, outlining 422kt zinc and 195kt lead production over 14 years

Aya Gold & Silver released an updated PEA for its Boumadine project in Morocco. The development-stage polymetallic project is designed to produce payable zinc, lead and pyrite concentrates. At base-case assumptions, the study reports an after-tax NPV₅% of US$3.5 billion, a 93% IRR and US$463 million of initial capex, with mine life extended from 11 years to 14.4 years. The updated PEA uses an 8,000 tonnes per day processing design and models 41.2 Mt of mineralized material over the life of mine, at average grades of 1.37% zinc and 0.58% lead. It outlines 422kt of zinc and 195kt of lead production, with zinc and lead recoveries of 74.7% and 82.0%, respectively. Feasibility work is underway, with completion targeted for H2 2027; the PEA includes inferred resources and remains preliminary.

38 mins ago