Monthly Lead Market Report Aug 2021
2021-09-12 21:14:25 【Print】
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In August, prices of lead ingot went down with fluctuation as the supply of lead ingot increased under the high prices of sulfuric acid. The supply of lead ingot went up while the downstream consumption remained stable and consumers held wait-and-see attitudes, the market witnessed limited deals.
In August, some mines in South China reduced output under the power rationing and the inspection of central environmental protection group. At the same time, imported lead concentrate decreased under COVID-19 overseas and the increased international freight.
Prices of secondary lead went down with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market increased in some provinces as the environmental protection inspection team left. The spot market saw decreased deals as consumer held watchful attitudes under the increased supply but suppliers stayed reluctant to sell under the high cost of recycled battery.
In August, some mines in South China reduced output under the power rationing and the inspection of central environmental protection group. At the same time, imported lead concentrate decreased under COVID-19 overseas and the increased international freight.
Prices of secondary lead went down with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market increased in some provinces as the environmental protection inspection team left. The spot market saw decreased deals as consumer held watchful attitudes under the increased supply but suppliers stayed reluctant to sell under the high cost of recycled battery.
