Monthly Lead Market Report Nov 2019

Content
1 Market Highlights 4
2. Economy and Policy 4
2.1 Economy and Policy in China 4
2.1.Asian Metal Copyright2 TC for lead concentrate rise while prices fluctuate down 6 3.Asian Metal Copyright1 Ministry of Commerce: China, U.Asian Metal Copyright have in-depth discussion on range of additional tariffs cancellation 4 2.Asian Metal CopyrightS. have in-depth discussion on range of additional tariffs cancellation 4
2.1.2 Liaoning cracks down on illegal disposal of waste lead-acid battery 4
2.1.3 Shanxi carries out waste lead battery centralized collection pilots 5
2.1.Asian Metal Copyright5 Hebei Jinyusheng resumes secondary lead production 10 4.Asian Metal Copyright4 China's non-ferrous metal output of ten kinds up by 4.6% YOY in Jan to Oct 5
2.2 Economy and Policy Abroad 5
2.2.1 WBMS: Lead market records deficit of 310 kt in Jan to Sep 5
3 Market Movements 6
3.1 Market Movements in China 6
3.1.1 Lead ingot price fluctuate down 6
3.1.2 TC for lead concentrate rise while prices fluctuate down 6
3.1.3 Secondary lead prices down 7
3.2 Market Movements Abroad 9
3.2.1 LME lead prices slump 9
3.2.2 LME lead stocks down 9
4 Company News 9
4.1 Wanyang Smelting maintains lead ingot production lines 9
4.2 Jiangxi Jinde maintains lead ingot production line 9
4.3 Aode Industry and Trade restarts lead-zinc mine 10
4.4 Rongda Mining to halt lead-zinc concentrate production 10
4.5 Hebei Jinyusheng resumes secondary lead production 10
4.6 Glencore's Canadian unit to close Brunswick lead smelter 10
4.7 Nyrstar says Port Pirie lead smelter in Australia close to furnace restart 10
4.8 Huasheng Industry and Trade to suspend lead-zinc concentrate production 11
4.9 Xinling Lead resumes lead ingot production 11
4.10 Jinde Lead resumes lead ingot production 11
4.11 Xiangjin Non-ferrous Metals launches lead alloy production 11
4.12 Qianxin Mining suspends lead-zinc mine 11
5 Producers Statistics 12
5.1 China's primary lead producers' output up by 1.1% MOM in Nov 12
5.2 China's primary lead producers' operating rate records 54.3% in Nov 12
5.3 China's secondary lead producers' output down by 5.3% MOM in Nov 13
5.4 China's secondary lead producers' operating rate records 45.06% in Nov 13
6 Customs Statistics 14
6.1 China's lead concentrate and ore imports down by about 12.9% MOM in Oct 14
7 Relevant Industry News 15
7.1 Storage battery market 15
7.2 Vehicle 15
8 Market Outlook for Next Month 15



.Asian Metal Copyright3% MOM in Nov 13 5.Asian Metal Copyright