Coming back from the holiday, pay attention to the macro data to guide the lead price to rise lower or higher [SMM lead Weekly report selection]

"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:

Connecting with New Year's Day at Christmas, the overseas festive atmosphere is strong, and the fundamentals have not changed much. When we come back from the holidays next week, we will pay attention to the macro news changes to guide the trend of lead prices. We are expected to maintain a strong shock after the Lunqin Festival, or try to stand on the 2300 mark again.

Price forecast:

Spot price forecast next week: 15050-15500 yuan / ton; for primary lead, supply is expected to increase month-on-month, while closing factors are lifted, refinery bulk shipments may increase next week, and do not rule out discounted shipments; recycled lead, as the supply of waste batteries tightens at the end of the year, the profits of recycled lead refineries narrow, the probability of large discount for refinery shipments is reduced, and the price difference between refined and waste is expected to remain at about 200 yuan / ton. Downstream, with the return of the holiday, downstream enterprises may replenish the library on demand, and at the same time will enter the cycle of stock preparation before the Spring Festival, it is expected that Anchor Xiao fee is OK.

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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: coming back from holiday, pay attention to macro data to guide lead prices to rise lower or higher.

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

Lead concentrate market

Primary lead: the supply of lead ingots in the main place of consumption has tightened and the stock of lead ingots has fallen below 100000 tons

Profit analysis of recycled lead: the price of waste battery is firm and the profit level of recycled lead refinery is declining.

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.