Lead Ingot Social Inventory Down 20,300 mt on Week

Published: Nov 26, 2021 16:25 (GMT+8)
Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin decreased 20,300 mt from November 19 and 15,200 mt from November 22 to 139,200 mt as of November 26.

SHANGHAI, Nov 26 (SMM) – Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin decreased 20,300 mt from November 19 and 15,200 mt from November 22 to 139,200 mt as of November 26.

According to SMM survey, large secondary lead smelters in Anhui underwent maintenance last week. Hunan was subject to environmental protection inspections, affecting the production at some primary lead smelters. The supply tightens again. Lead prices rose again and reached 15,500 yuan/mt. Downstream producers restocked goods on rigid demand. Lead consumption in the Southeast Asian market is bullish, boosting exports of lead ingots. The decline of lead ingots across domestic five markets expanded to 20,000 mt. The maintenance at some companies will end this week. The tight supply is expected to be eased while the decline of lead ingots inventories is likely to slow.

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
E-Bike Companies Update Certifications for New Regulations, Completion Expected by Year-End
Nov 06, 2026 18:15 (GMT+8)
E-Bike Companies Update Certifications for New Regulations, Completion Expected by Year-End
Read More
E-Bike Companies Update Certifications for New Regulations, Completion Expected by Year-End
E-Bike Companies Update Certifications for New Regulations, Completion Expected by Year-End
[E-bike Market Updates] It is understood that e-bike enterprises are currently advancing the certification updates for various car models in batches in accordance with the new regulations (the new version of mandatory product certification for e-bikes). Based on the certification progress, completion is expected to occur gradually from month-end November to December, but some enterprises have indicated that they are temporarily unable to provide a clear completion timeline.
Nov 06, 2026 18:15 (GMT+8)
New E-bike Rules in China Lead to Sales Halt, Require Fresh 3C Certification
Nov 06, 2026 18:13 (GMT+8)
New E-bike Rules in China Lead to Sales Halt, Require Fresh 3C Certification
Read More
New E-bike Rules in China Lead to Sales Halt, Require Fresh 3C Certification
New E-bike Rules in China Lead to Sales Halt, Require Fresh 3C Certification
[E-bike Market Update] It is reported that starting November 1, the revised "Implementation Rules for Compulsory Product Certification: E-bike (Trial)" officially issued by the Certification and Accreditation Administration of China took effect, making the full-chain traceability requirement of "one vehicle, one battery, one charger, one code" a unified industry standard. After the implementation of the new rules, the 3C certification certificates of some existing car models in the e-bike market entered a suspended state. Producers need to complete certification applications anew according to the new standards, and the adjustment has been directly transmitted to the end-user sales market, with some offline stores experiencing a phenomenon of "no vehicles available for sale."
Nov 06, 2026 18:13 (GMT+8)
Lead Prices Consolidate in a V-Shape, Scrap Battery Prices Resist Declines and Lag Gains; Suppliers Shift from Shipments to Holding Back from Selling [SMM Scrap Battery Weekly Review]
Nov 06, 2026 17:45 (GMT+8)
Lead Prices Consolidate in a V-Shape, Scrap Battery Prices Resist Declines and Lag Gains; Suppliers Shift from Shipments to Holding Back from Selling [SMM Scrap Battery Weekly Review]
Read More
Lead Prices Consolidate in a V-Shape, Scrap Battery Prices Resist Declines and Lag Gains; Suppliers Shift from Shipments to Holding Back from Selling [SMM Scrap Battery Weekly Review]
Lead Prices Consolidate in a V-Shape, Scrap Battery Prices Resist Declines and Lag Gains; Suppliers Shift from Shipments to Holding Back from Selling [SMM Scrap Battery Weekly Review]
Nov 06, 2026 17:45 (GMT+8)