[SMM Weekly report selected] lead consumption downstream can be expected & waste batteries are relatively optimistic in the trend of tight supply.

Publicado: Jul 25, 2020 10:06

"SMM lead Industry chain Weekly report" released, the weekly report SMM will select the hot topics, prices, market or major changes in the industry chain information released into a document for your reference.

The following is an excerpt from the weekly report of SMM lead industry chain:

Lead market forecast next week: this week, Shanghai lead fluctuations are relatively small, basically around the 20-day moving average. At the beginning of the week, Shanghai lead concussion rose, reaching a high of 15235 yuan / ton. in the next few days, Shanghai lead rose and fell, basically around the 20-day moving average, and finally reported at 14975 yuan / ton, an increase of 0.74%. China has entered the middle of the third quarter, downstream consumption has entered the expected peak season, consumption is worth looking forward to. The supply of waste battery is tight, the profit of recycled lead is low, even part of the loss, lead fundamental contradiction is low, the trend is relatively optimistic.

Lead battery market: lead price volatility is relatively large this week, coupled with the further narrowing of the price difference between recycled lead and primary lead, lead battery enterprises in the procurement of lead ingots, the preference for primary and recycled lead has changed. Lead prices fell at the beginning of the week, downstream to pick up goods on demand, and because the recycled lead sticker is OK, the recycled refined lead sticker left the factory near the average price of 200 yuan / ton of SMM1# lead, storage enterprises still prefer short-range recycled lead. Then the price of lead fell, the discount of recycled lead narrowed due to cost factors, and the downstream rigid demand gradually transformed the primary lead market. In addition, battery consumption, with the rise of low levels in some areas, such as car battery replacement demand showing signs of improvement, dealers increased procurement enthusiasm, enterprise production increased steadily.

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Catalogue of "SMM lead Industry chain Weekly report" in this issue

Key points of this week's report: operating rate of primary lead regenerated lead-lead battery

Forecast for next week: consumption in the lower reaches of lead is expected & waste batteries are relatively bullish in the trend of tight supply.

SMM lead data: lead concentrate TC Shanghai and Guangdong lead inventory LME inventory

Lead concentrate market

Primary lead: social inventory is expected to continue a small downward trend next week

Profit analysis of recycled lead: reduced lead smelter is in a capital preservation state

Recycled refined lead market

Alloy lead market: the trading activity of downstream storage enterprises has increased compared with the previous period.

Lead-acid battery market: the demand for steam storage replacement is improving and the production of enterprises is increasing steadily.

Silver-sulfuric acid

Futures and import and export markets

Hot spots in the industry

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[China lead Industry chain High-end report] China lead Industry chain monthly report includes macro interpretation, monthly lead price review, interpretation of hot events in various sections of the lead industry chain (ore, primary lead, recycled lead and lead battery), future forecasts, and simultaneous release of monthly lead concentrate, primary lead, recycled lead and lead battery enterprise operating rate and inventory survey, lead concentrate monthly balance, lead monthly balance and other data. Covers the entire lead industry chain.

[China lead Industry chain routine report] China lead Industry chain Weekly report includes a macro interpretation, a review of lead prices within the week, market trends in various sections of the lead industry chain (primary lead, recycled lead and lead batteries), weekly social inventory of lead ingots, and future forecasts, and focuses on the analysis of lead concentrate TC, refined waste price difference, recycled lead profits, etc., and a comprehensive interpretation of the lead market during the week.

"apply for free access to the SMM metal industry chain database

Catalogue of "SMM lead Industry chain Weekly report" in this issue

Key points of this week's report: operating rate of primary lead regenerated lead-lead battery

Forecast next week: the inventory base is low & the refinery overhaul is supported by the Wansi pass at the bottom of Shanghai lead.

SMM lead data: lead concentrate TC Shanghai and Guangdong lead inventory LME inventory

Lead concentrate market

Primary lead: the inflow of imported lead will become the primary concern for the subsequent accumulation of lead ingots.

Recycled lead market: the profits of recycled lead enterprises have not been significantly repaired.

Profit Analysis of recycled lead: reduction lead smelting is still difficult to make a profit

Recycled refined lead market

Alloy lead market: enterprises purchase alloy lead on demand

Lead-acid battery market: trading in the spot market remains sluggish, especially in the trading sector.

Silver-sulfuric acid

Futures and import and export markets

Hot spots in the industry

Scan the QR code application report for free and join the SMM copper industry chain exchange group

[China lead Industry chain High-end report] China lead Industry chain monthly report includes macro interpretation, monthly lead price review, interpretation of hot events in various sections of the lead industry chain (ore, primary lead, recycled lead and lead battery), future forecasts, and simultaneous release of monthly lead concentrate, primary lead, recycled lead and lead battery enterprise operating rate and inventory survey, lead concentrate monthly balance, lead monthly balance and other data. Covers the entire lead industry chain.

[China lead Industry chain routine report] China lead Industry chain Weekly report includes a macro interpretation, a review of lead prices within the week, market trends in various sections of the lead industry chain (primary lead, recycled lead and lead batteries), weekly social inventory of lead ingots, and future forecasts, and focuses on the analysis of lead concentrate TC, refined waste price difference, recycled lead profits, etc., and a comprehensive interpretation of the lead market during the week.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

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