SunSirs: The Overall Low Level of Lead Ingot Inventory in the Near Future
April 11 2023 14:17:03On April 10, the benchmark price of lead in SunSirs was 15230.00 RMB/ton, an increase of 0.43% compared with the beginning of this month (15165.00 RMB/ton).
In terms of the spot market, the trend this week is basically consistent with that of Shanghai lead, falling first and then rising, and the overall "V" trend. From the perspective of supply, the supply at the mine end is still tight at present. The number of maintenance companies in the Henan area of the refinery increased this week, but some companies in other areas started to drive, so the overall operating rate did not change much this week.
In terms of demand, the downstream still maintains off-season demand. As far as the current operation situation is concerned, the overall operation of downstream battery companies has not changed much, and the purchase of lead ingots is still in rigid demand. On the whole, the recent supply and demand changes in the lead ingot market are limited, and the off-season trend is still maintained. The recent lead ingot inventory is generally low, which still supports the lead ingot market. The market outlook still maintains a weak and volatile trend, and the off-season market fluctuations are limited under the circumstances of little change in supply and demand.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-02-07 SunSirs: Approaching Holidays, Lead Prices Were Weak (January 29-February 5)
- 2024-01-30 SunSirs: As the Holiday Approaching, Lead Prices Fluctuated Narrowly (January 19-26)
- 2024-01-24 SunSirs: Supply Was Tight, Leading to a Slight Increase in Lead Prices (January 15-22)
- 2023-12-05 SunSirs: Downstream Was in the Off-Season, and Lead Prices Declined (November 27-December 4)
- 2023-11-16 SunSirs: Price Increase in Domestic Spot Lead Market
