Lead Market Report July 2013
2013-08-13 09:11:24 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Highlights
◆ ILZSG: Global Lead Market in 37kt Deficit Jan-May 2013
◆ Recycled lead battery prices jump up strongly
◆ Chinese lead smelters operation rate recovers in July 2013
◆ Top ten Chinese lead ore/concentrate importers June 2013
◆ Lead import and export data in China by country in June 2013
Catalog
Introduction 4
1. Financial News Overview 4
1.1 International financial news overview 4
1.1.1 Crude oil prices up with turbulent political scene in Egypt 4
1.1.2 US dollar index fell back 5
1.1.3 Nonferrous metals prices hovered at lowest level and to rebound soon 6
1.2 Chinese Financial News Overview 7
1.2.1 CPI up by 2.7% and PPI down by 2.7% YOY in June 7
1.2.2 PMI up slightly by 50.3% in July 8
2. International Lead Market Review 9
2.1 Lead futures consolidate on the LME in July 9
3. Chinese lead market review 10
3.1 Chinese lead concentrate flat 10
3.2 Chinese lead ingot market warms up slightly in July 11
3.3 Secondary lead price went up 12
3.4 Recycled lead battery prices jump up strongly 15
3.5 Lead acid battery market continues reviving 16
4. Production Data 18
4.1 Global market for refined lead metal in deficit by 37kt 18
4.2 Lead production in China 19
4.2.1 China lead concentrate production up by 15.7% MOM in June 2013 19
4.2.2 China refined lead ingot production down by 7.1% YOY in June 2013 20
4.2.3 Chinese lead smelters operation rate recovers to 54.26% in July 2013 20
4.4 Large secondary lead smelters increase the operation rate in July 22
Graph 19: Large secondary lead smelters operation rates in July 22
5. Lead import and export data in China 23
5.1 Lead import and export data in China by country: 23
5.2 Analysis on lead import & export data 25
5.2.1 China’s lead ore/concentrate import declines by 14.52% YOY in the first half of 2013 25
5.2.2 China lead ingot export up by 419.12% YOY in June 2013 26
5.3 Top ten Chinese lead ore/concentrate importers June 2013 26
6. Company News 27
6.1 Ruifeng lead smelter delays to start producing refined lead ingot 27
6.2 Changming Lead delays its 80,000tpy lead smelting project 27
6.3 Guangdong Found Mining lead zinc mine to start commercial production in early 2014 28
6.4 Qianxin Mining’s lead-zinc mine to start formal production in August 28
6.5 Yuyuan’s 60,000tpy lead smelting project delays to mid August 28
7．Related Industry Development 29
7.1 China automobile sales increase by 11.2%YOY in June 29
8. Market Outlook 29
Graph 1: Crude oil prices in US in July 2013 5
Graph 2: USD index chart 6
Graph 3: Chinese CPI and PPI chart during 2011-2013 7
Graph 4: Chinese PMI chart during 2011-2013 8
Graph 5：The price graph of lead futures on the LME in July 2013 9
Graph 6：Lead ingot inventory in the warehouses of LME in July 2013 10
Graph 7: Lead concentrate 60%min prices in the Chinese spot market in July 2013 11
Graph 8: Lead ingot 99.994%min prices in the Chinese spot market in July 2013 12
Graph 9: Secondary Lead ingot 98%min EX-VAT prices in the Chinese spot market in Jul 2013 13
Graph 10: Secondary lead ingot 98%min prices in the Chinese spot market in July 2013 14
Graph 11: Secondary lead ingot 99.97%min EX-VAT prices in the Chinese spot market in July 2013 14
Graph 12: Secondary Lead ingot 99.97%min EX-VAT prices in the Chinese spot market in July 2013 15
Graph 13: Recycled start-type battery EX-VAT prices in the Chinese spot market in July 2013 16
Graph 14: Recycled deep cycle battery EX-VAT prices in the Chinese spot market in July2013 16
Graph 15：The processing charge of deep-cycle lead acid battery polar plate in Chinese spot market in July 2013 17
Graph 16：The processing charge of start-type lead acid battery polar plate in Chinese spot market in July 2013 18
Graph 17: World Refined Lead Supply and Usage 2008 - 2013 19
Graph 18: Lead smelters operation rates in Henan, Hunan and Yunnan in July 21
Graph 19: Large secondary lead smelters operation rates in July 22
Graph 20: Large secondary lead smelters operation rates in 2013 23
Graph 21: China’s lead import and export data in June 2013 25
Graph 22: Top ten Chinese lead ore/concentrate importers June 2013 27
◆ ILZSG: Global Lead Market in 37kt Deficit Jan-May 2013
◆ Recycled lead battery prices jump up strongly
◆ Chinese lead smelters operation rate recovers in July 2013
◆ Top ten Chinese lead ore/concentrate importers June 2013
◆ Lead import and export data in China by country in June 2013
Catalog
Introduction 4
1. Financial News Overview 4
1.1 International financial news overview 4
1.1.1 Crude oil prices up with turbulent political scene in Egypt 4
1.1.2 US dollar index fell back 5
1.1.3 Nonferrous metals prices hovered at lowest level and to rebound soon 6
1.2 Chinese Financial News Overview 7
1.2.1 CPI up by 2.7% and PPI down by 2.7% YOY in June 7
1.2.2 PMI up slightly by 50.3% in July 8
2. International Lead Market Review 9
2.1 Lead futures consolidate on the LME in July 9
3. Chinese lead market review 10
3.1 Chinese lead concentrate flat 10
3.2 Chinese lead ingot market warms up slightly in July 11
3.3 Secondary lead price went up 12
3.4 Recycled lead battery prices jump up strongly 15
3.5 Lead acid battery market continues reviving 16
4. Production Data 18
4.1 Global market for refined lead metal in deficit by 37kt 18
4.2 Lead production in China 19
4.2.1 China lead concentrate production up by 15.7% MOM in June 2013 19
4.2.2 China refined lead ingot production down by 7.1% YOY in June 2013 20
4.2.3 Chinese lead smelters operation rate recovers to 54.26% in July 2013 20
4.4 Large secondary lead smelters increase the operation rate in July 22
Graph 19: Large secondary lead smelters operation rates in July 22
5. Lead import and export data in China 23
5.1 Lead import and export data in China by country: 23
5.2 Analysis on lead import & export data 25
5.2.1 China’s lead ore/concentrate import declines by 14.52% YOY in the first half of 2013 25
5.2.2 China lead ingot export up by 419.12% YOY in June 2013 26
5.3 Top ten Chinese lead ore/concentrate importers June 2013 26
6. Company News 27
6.1 Ruifeng lead smelter delays to start producing refined lead ingot 27
6.2 Changming Lead delays its 80,000tpy lead smelting project 27
6.3 Guangdong Found Mining lead zinc mine to start commercial production in early 2014 28
6.4 Qianxin Mining’s lead-zinc mine to start formal production in August 28
6.5 Yuyuan’s 60,000tpy lead smelting project delays to mid August 28
7．Related Industry Development 29
7.1 China automobile sales increase by 11.2%YOY in June 29
8. Market Outlook 29
Graph 1: Crude oil prices in US in July 2013 5
Graph 2: USD index chart 6
Graph 3: Chinese CPI and PPI chart during 2011-2013 7
Graph 4: Chinese PMI chart during 2011-2013 8
Graph 5：The price graph of lead futures on the LME in July 2013 9
Graph 6：Lead ingot inventory in the warehouses of LME in July 2013 10
Graph 7: Lead concentrate 60%min prices in the Chinese spot market in July 2013 11
Graph 8: Lead ingot 99.994%min prices in the Chinese spot market in July 2013 12
Graph 9: Secondary Lead ingot 98%min EX-VAT prices in the Chinese spot market in Jul 2013 13
Graph 10: Secondary lead ingot 98%min prices in the Chinese spot market in July 2013 14
Graph 11: Secondary lead ingot 99.97%min EX-VAT prices in the Chinese spot market in July 2013 14
Graph 12: Secondary Lead ingot 99.97%min EX-VAT prices in the Chinese spot market in July 2013 15
Graph 13: Recycled start-type battery EX-VAT prices in the Chinese spot market in July 2013 16
Graph 14: Recycled deep cycle battery EX-VAT prices in the Chinese spot market in July2013 16
Graph 15：The processing charge of deep-cycle lead acid battery polar plate in Chinese spot market in July 2013 17
Graph 16：The processing charge of start-type lead acid battery polar plate in Chinese spot market in July 2013 18
Graph 17: World Refined Lead Supply and Usage 2008 - 2013 19
Graph 18: Lead smelters operation rates in Henan, Hunan and Yunnan in July 21
Graph 19: Large secondary lead smelters operation rates in July 22
Graph 20: Large secondary lead smelters operation rates in 2013 23
Graph 21: China’s lead import and export data in June 2013 25
Graph 22: Top ten Chinese lead ore/concentrate importers June 2013 27
