Scrap battery prices remain stable; suppliers of imported crude lead are bullish and reluctant to sell [SMM Weekly Review of Scrap Battery & Secondary Crude Lead]

SMM July 25 News:

There has been no significant improvement in the scrap volume of the scrap battery market. The purchase prices and circulation volumes of recyclers have remained stable. Some enterprises have indicated that the circulation volume last year was 30% higher than this year, and the peak season for scrap has not arrived yet. Smelters have stated that the arrivals of raw materials only meet immediate needs, making it difficult to accumulate inventory. Therefore, during the process of lead price decline, the purchase prices of scrap batteries have not followed suit. Currently, the mainstream purchase prices of tax-free scrap e-bike lead-acid battery scrap by smelters have stabilized at 10,000-10,050 yuan/mt.

It is reported that secondary crude lead refineries in central China are expected to resume production after maintenance, but the specific date of lead output remains undetermined. Refineries in east China are offering firm quotes, with tax-free ex-factory prices hovering around 15,900 yuan/mt. Overseas secondary crude lead smelting enterprises have expressed optimism about China's lead prices in August, with their sentiment gradually shifting towards bullishness and reluctance to sell.

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