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Chinese recycled deep cycle battery prices firm

2019-03-13 11:31:34   【Print】
BEIJING (Asian Metal) 13 Mar 19 - Recycled deep cycle battery traders returned to the market late after the Spring Festival holiday, and environmental protection department put more efforts in inspections of the recycling of the material, so the recycling volume decreased.Asian Metal Copyright Recycled deep cycle battery prices are expected to keep at the current level in the coming week.Asian Metal Copyright With lead ingot prices dropping, recycled deep cycle battery prices kept firm. Mainstream prices for recycled deep cycle battery remained at RMB9,500-9,600/t (USD1,416-1,431/t) delivered in China on Tuesday, unchanged from last week.Asian Metal Copyright "We did not restart the recycling business until late February, and it is the off season for waste battery, so we only recycled a little.Asian Metal Copyright Recycled deep cycle battery prices are expected to keep stable in the coming week.

A trader from Northeast China explained they sold about 5t of recycled deep cycle battery at RMB9,500/t (USD1,416/t) delivered to a client in North China on Tuesday, while they sold 10t of the material at the same price late last week. "We did not restart the recycling business until late February, and it is the off season for waste battery, so we only recycled a little.Asian Metal CopyrightBEIJING Asian Metal 13 Mar 19 - Recycled deep cycle battery traders returned to the market late after the Spring Festival holiday, and environmental protection department put more efforts in inspections of the recycling of the material, so the recycling volume decreased.Asian Metal Copyright Despite decreased prices for lead ingot this week, we did not adjust prices for recycled deep cycle battery," the source noted.Asian Metal Copyright Another trader in Northeast China offered RMB9,550t USD1,424t delivered for recycled deep cycle battery on Tuesday and hold limited volume now as they just sold about 30t to a smelter in North China at the same prices.Asian Metal Copyright Recycled deep cycle battery prices are expected to keep at the current level in the coming week.

Typically trading 200tpm of recycled deep cycle battery, the trader merely sold 20t in February affected by the Spring Festival holiday, and expects to sell 150t in March, holding no stocks now.

Another trader in Northeast China offered RMB9,550/t (USD1,424/t) delivered for recycled deep cycle battery on Tuesday and hold limited volume now as they just sold about 30t to a smelter in North China at the same prices. They closed no deals today.Asian Metal Copyright .Asian Metal Copyright "The government strengthened inspections and governance on recycled deep cycle battery recycling due to frequent pollution problems, leading to tight supply of the material, so prices kept firm," the source noted, expecting recycled deep cycle battery prices to keep stable in the coming week.

Typically trading 500tpm of recycled deep cycle battery, the trader merely sold 100t in February affected by the Spring Festival holiday, and expects to sell 400t in March, holding no stocks now.

.Asian Metal Copyright Typically trading 200tpm of recycled deep cycle battery, the trader merely sold 20t in February affected by the Spring Festival holiday, and expects to sell 150t in March, holding no stocks now.Asian Metal Copyright