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 / Lead Prices Likely to Bottom out on Cost Support

Lead Prices Likely to Bottom out on Cost Support

Jul 7, 2022 13:36

Source:SMM

SHANGHAI, Jul 7 (SMM) - With the lead price moving all the way down this week, primary lead and secondary lead smelters are reluctant to sell, and the profit of smelters has narrowed due to factors such as tight supply of raw materials and firm raw material prices. Near the weekend, the price difference between secondary refined lead and primary lead is almost close to zero. As such, lead price may show a signal of bottoming out soon.

Spot

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

In Tianjin, #0 zinc ingot was mostly traded at 24,590-24,810 yuan/mt, Zijin zinc 24,690-24,910 yuan/mt, and Huludao zinc 29,370 yuan/mt.

Sep 27, 2022 13:07

SMM Comments Industry

Tianjin Zinc: Traders Actively Made Shipments, Leading to Brisk Trades in the Spot Market

Smelters Lowered Purchase of Copper Concentrates to be Shipped in Recent Months, and TCs Went up amid Sufficient Spot Supply

As of August 26, the weekly SMM Imported Copper Concentrate Index stood at $76.71/mt, up $3.2/mt from a week earlier.

Aug 26, 2022 16:54

SMM Insight

Smelters Lowered Purchase of Copper Concentrates to be Shipped in Recent Months, and TCs Went up amid Sufficient Spot Supply

Spot Premiums of Pure Nickel Dropped, and Sport Transactions Remained Poor

In the spot market, Jinchuan nickel was quoted at premiums of 4,000-5,000 yuan/mt as of August 24, with an average price of 4,500 yuan/mt, flat from the previous trading day.

Aug 24, 2022 11:27

SMM Comments

Spot Premiums of Pure Nickel Dropped, and Sport Transactions Remained Poor

When Energy Crisis, Strikes and Production Cuts Plague Aluminium Market

Recently, aluminium production has been seriously plagued by the extending power rationing in Sichuan province, and the demand side is also affected. The most-traded SHFE contract moved rangebound yesterday (August 23) as a whole, and closed the day up 0.78% at 18,685 yuan/mt.

Aug 24, 2022 10:58

SMM Insight

When Energy Crisis, Strikes and Production Cuts Plague Aluminium Market

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

SMM High-Carbon Ferrochrome Market June Review and July Outlook

SHANGHAI, Jul 5 (SMM) - The price of high-carbon ferrochrome fell steadily in June, and the average price of high-carbon ferrochrome in Inner Mongolia fell by 400 yuan/mt (Cr50%) in the month.

Jul 5, 2022 11:25

Industry

SMM High-Carbon Ferrochrome Market June Review and July Outlook

Intraday PrNd Products Remained Stable with Upside Momentum

Intraday PrNd products prices rose slightly supported by both the supply and cost side, and the quotation was high, while the market transaction was made on rigid demand.

May 18, 2022 16:13

SMM Comments

Intraday PrNd Products Remained Stable with Upside Momentum

Coke Prices About to Fall for the Third Round

Some steel mills in Shandong, Shanxi and Hebei have initiated the third around of coke price decline by 200 yuan/mt. If it goes smoothly, the prices of grade I met coke and quasi-grade I met coke (dry quenching) will be 3,860 yuan/mt and 3,630 yuan/mt respectively.

May 17, 2022 14:50

SMM Comments

Coke Prices About to Fall for the Third Round

Ferrochrome and Chrome Ore Transactions were Thin with Deadlock in the Market

Quotations of high-carbon ferrochrome in Inner Mongolia stood at 9,800-9,900 yuan/mt(Cr50%), unchanged from the previous trading day.

May 11, 2022 17:50

SMM Insight

Ferrochrome and Chrome Ore Transactions were Thin with Deadlock in the Market

Iron Ore Arrivals at Chinese Ports Increased Slightly, Shipments from Australia and Brazil Fell Slightly

SHANGHAI, May 10 (SMM) – SMM data showed that a total of 76 ships arrived at major ports in China from May 2 to May 8, carrying 11.81 million mt of iron ore, up 580,000 mt on a weekly basis and 60,000 mt from a year ago.

May 10, 2022 17:31

Industry

Iron Ore Arrivals at Chinese Ports Increased Slightly, Shipments from Australia and Brazil Fell Slightly

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

Lead Prices Likely to Bottom out on Cost Support

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo