Demand for Battery Scrap Diverged and the Retail Transactions of Reduced Lead were Average

SHANGHAI, May 4 (SMM) - The SMM weekly average price of lead-acid battery scrap rose 20 yuan/mt last week. The average price of e-bike battery scrap stood at 9,000 yuan/mt, versus 8,475 yuan/mt for automotive battery scrap in white shell and 9,050 yuan/mt in black shell. The market supply was still tight and the purchasing prices offered by secondary lead smelters increased. The actual arrivals diverged across regions.

Smelters sold secondary crude lead at around 14,100-14,150 yuan/mt (excluding tax, delivery to factory), but some downstream enterprises purchased at 14,170-14,190 yuan/mt on a delivery-to-factory basis. The transactions improved as the contradiction between the supply and demand eased slightly.