Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Secondary Lead: Lead Prices Tested the Cost Support and Smelters were Reluctant to Sell

Secondary Lead: Lead Prices Tested the Cost Support and Smelters were Reluctant to Sell

Jun 6, 2022 14:03

Source:SMM

Today's lead prices dropped, testing the cost support and secondary refined lead smelters were very reluctant to sell amid the wait-and-see sentiment.

SHANGHAI, June 6 (SMM) - Today's lead prices dropped, testing the cost support and secondary refined lead smelters were very reluctant to sell amid the wait-and-see sentiment. The quotation of secondary refined lead was few and was in discounts of 100-0 yuan/mt (tax including) over the SMM average price while the downstream was unwilling to pick up goods and to purchase on dips. Therefore, there were few transactions in the spot market.

Market

For queries, please contact William Gu at williamgu@smm.cn

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

Shanghai nonferrous metals closed mixed as the investors stay keen to the imminent Jackson Hole speech to be delivered by Powell, who is expected to provide more clues on the pace and direction US rate hike.

Aug 26, 2022 18:00

SMM Comments

SMM Evening Comments (Aug 26): Shanghai Nonferrous Metals Closed Mixed amid Imminent Jackson Hole Speech

Is Domestic Excavate Sales Structure Subverting with Exports Accounting for 50% of Total Sales?

In July, the sales volume of excavators in China added 3.4% year-on-year, the first positive growth YoY since May last year. Except for driving forces like the acceleration of the issuance of special bonds and the expedited infrastructure investment, the growth is mainly attributable to strong export orders.

Aug 26, 2022 10:55

SMM Insight

Is Domestic Excavate Sales Structure Subverting with Exports Accounting for 50% of Total Sales?

Market Concerns over Copper Supply Eased amid Subsiding Impact of Power Rationing and Increased Customs Clearance

SHANGHAI, Aug 26 (SMM) - With the summer heat in east China gradually cooling off, copper smelters in east and central China who slashed their output earlier due to power rationing are now gradually resuming their production.

Aug 26, 2022 10:38

Industry

Market Concerns over Copper Supply Eased amid Subsiding Impact of Power Rationing and Increased Customs Clearance

Nickel Sulphate Prices to Stay at Highs

SHANGHAI, Aug 22 (SMM) - Inquiries in the nickel sulphate market increased, but the trading volume was limited.

Aug 22, 2022 10:56

Industry

Silver Prices Fell as Market Interpreted Fed Statement as Dovish, and Power Rationing Has Limited Impacts on Silver Downstream Enterprises

Power curtailment has limited impacts on the downstream silver enterprises, and those that are slightly affected also have informed other related enterprises timely, thus the market supply and demand of silver are relatively stable.

Aug 19, 2022 10:46

Industry SMM Insight

Silver Prices Fell as Market Interpreted Fed Statement as Dovish, and Power Rationing Has Limited Impacts on Silver Downstream Enterprises

Output of Aluminium Foil for Aluminium-Plastic Membrane in China will Grow Rapidly to more than 100,000 mt by 2025 amid the Booming New Energy Battery Industry

According to the shape, lithium batteries can be divided into square batteries, cylindrical batteries and soft-packed batteries.

Aug 19, 2022 10:38

SMM Insight

Output of Aluminium Foil for Aluminium-Plastic Membrane in China will Grow Rapidly to more than 100,000 mt by 2025 amid the Booming New Energy Battery Industry

SMM Morning Comments (Aug 18): Base Metals Closed Mostly Corrected with Easing Market Sentiment

LME and SHFE base metals corrected and mostly closed with losses amid the easing market sentiment. And the US rate hike expectation weakened after the Federal Reserve released its July meeting minutes, showing that for the first time, Fed policymakers acknowledged the risk of excessive interest rate hikes and thought that interest rate hikes might be slowed down at some point in the future

Aug 18, 2022 10:00

SMM Comments

SMM Morning Comments (Aug 18): Base Metals Closed Mostly Corrected with Easing Market Sentiment

SMM Morning Comments (Aug 9): Base Metals Closed Mostly with Gains on Falling US Dollar

LME and SHFE base metals closed mostly with gains after the US dollar index closed down on the news that the chairman of the Fed in San Francisco said that the interest rate might be raised by 50 basis points next time.

Aug 9, 2022 10:00

SMM Comments

SMM Morning Comments (Aug 9): Base Metals Closed Mostly with Gains on Falling US Dollar

Default of Copper Concentrate Contract at Qinhuangdao Port Struck the Copper Industry

As of Friday August 5, the SMM Imported Copper Concentrate Index (weekly) stood at $73.38/mt, $1.72/mt higher than the previous week.

Aug 8, 2022 15:22

SMM Comments

Default of Copper Concentrate Contract at Qinhuangdao Port Struck the Copper Industry

The Most Traded SHFE lead Contract Fell Slightly, and the Discounts of Secondary Refined Lead Narrowed Slightly Last Eeek

The discounts of secondary refined lead over SMM 1# lead ingots narrowed slightly by 50 yuan/mt from 300-250 yuan/mt to 250-200 yuan/mt. The discounts narrowed mainly because the prices of SMM 1# lead ingots dropped slightly amid the slight decline in SHFE 2209 lead contract.

Aug 8, 2022 13:03

SMM Comments

The Most Traded SHFE lead Contract Fell Slightly, and the Discounts of Secondary Refined Lead Narrowed Slightly Last Eeek

SMM Events & Webinars

All

Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China
Nov
05
- APAC (9th) Stainless Steel Industry Conference 2024
  Nov 05 - 07,2024
  Fujian, China
Nov
24
- 2024 SMM Middle East Secondary Metal Filed Trip
  Nov 24 - Dec 01,2024
  UAE

Secondary Lead: Lead Prices Tested the Cost Support and Smelters were Reluctant to Sell

SMM Events & Webinars

APAC TIN INDUSTRY CONFERENCE 2024

APAC (9th) Stainless Steel Industry Conference 2024

2024 SMM Middle East Secondary Metal Filed Trip