Energy, Spring Festival and other factors interweave lead price rebounding range is limited [SMM lead Weekly selection]

Publicado: Jan 8, 2022 09:09
Fonte: SMM
[SMM lead Weekly selection: energy, Spring Festival and other factors intertwined lead prices limited] into January, the Spring Festival atmosphere appeared, upstream and downstream enterprises began to plan the Spring Festival holiday, according to previous years, production of recycled lead and battery enterprises is expected to decline, primary lead supply is expected to stabilize, while on the other hand, waste battery prices remain high, the cost line of recycled lead moves up, and the center of gravity of lead operation in Shanghai is expected to rise slightly next week.

"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:

In January, the Spring Festival atmosphere appeared, and upstream and downstream enterprises began to plan the Spring Festival holiday. According to the usual practice of previous years, the production of recycled lead and storage battery enterprises is expected to decline, and the primary lead supply is expected to stabilize. On the other hand, the price of waste batteries remains high, the cost of recycled lead has moved up, and the center of gravity of lead operation in Shanghai is expected to rise slightly next week.

Price forecast:

Next week's spot price forecast: 15100-15450 yuan / ton; for primary lead, the supply is stable, coupled with the imminent delivery, it is expected to maintain shipments near Pingshui; for recycled lead, the demand for raw material reserves for recycled lead enterprises increases at the end of the year, and the price of waste batteries is easy to rise and fall. Recycled lead profits are narrowed, and the price difference between refined lead and waste is expected to remain within 200 yuan / ton. Downstream, the Spring Festival reserve of downstream enterprises is expected to remain at the end of the year, but the terminal consumption is general, some enterprises intend to take a holiday ahead of time, and the demand for follow-up reserve may gradually weaken.

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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 next week: energy, Spring Festival and other factors interweave lead prices to a limited extent.

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

Lead concentrate market

Primary lead: downstream reserve VS delivery approaching lead ingot social bank downside release

Profit analysis of recycled lead: the price of waste battery is firm and the profit level of recycled lead continues to decline.

Recycled refined lead market

Lead-acid battery market

Silver-sulfuric acid

Weekly output inventory of domestic smelters

[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 (mines, primary lead, recycled lead and lead batteries), future forecasts, and Synchronize releases 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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