Lead ingot social inventories expanded 1,400 mt over weekend

Published: Jul 19, 2021 13:21

Save

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin increased 1,400 mt from July 16 and rose 11,700 mt from July 12 to 159,100 mt as of July 19.

SHANGHAI, Jun 19 (SMM) – Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin increased 1,400 mt from July 16 and rose 11,700 mt from July 12 to 159,100 mt as of July 19.

Supply of primary and secondary lead increased steadily, but the consumption was weaker, and social inventories of lead ingots kept rising.

However, the increment narrowed as smelters and holders slowed down the deliveries after the settlement of SHFE 2107 lead contract, as the next settlement day is still far away.

Inventory data Lead ingots

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 to learn 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

7 hours ago

LME Lead Consolidates Below $1970/t Resistance Level

Highlights of Future price: Market activity remains quiet during the Asian session, with LME 3M lead trading around $1963/t, up 0.03%. Prices moved in a tight range between $1945–$1965, reflecting low volatility and balanced sentiment. Trading remains rangebound as participants wait for clearer signals on supply-demand trend. Highlights of Asia lead market: Refined lead consumption remains subdued. In China, demand is weak with few spot orders and ex-works quotes around RMB 16,500/t. Across Asia, shortages of remelted lead continue to disrupt production. In Vietnam, smelters are limiting inventory buildup and focusing on long-term contracts, while imports have slowed due to high shipping costs. Long-term premiums are about $90 for 99.97 grade and $130 for 99.99 grade (over LME price).

7 hours ago

SMM April 20 Automotive Battery Market Summary [SMM Evening News]

7 hours ago

8 hours ago

China's Lead-Acid Battery Imports Shoot up 88.18% MoM in March 2026, Up 16.84% YoY

[SMM Flash News] According to customs data, China's lead-acid battery imports in March 2026 reached 555,400 units, up 88.18 percentage points month-on-month and up 16.84 percentage points year-on-year. From January to March 2026, the cumulative import volume of lead-acid batteries was 1.3136 million units, down 4.85 percentage points year-on-year.

8 hours ago