Monthly Lead Market Report Jan 2022
2022-02-20 16:44:18 【Print】
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The mainstream prices of primary lead ingot decreased slightly with fluctuation this month, and the market witnessed increased deals as consumers purchased actively this month under the approaching holiday. The market saw increased stocks in Henan under the serious locally COVID-19 and transportation limits.
In January, the supply of domestic lead concentrate went down further in general as producers in North China almost stopped production at the end of this month considering the cold weather and holiday. And the market saw decreased deals as for the tight supply, leading to the decreased TCs of domestic lead concentrate. But TCs of imported lead concentrate increased under the climbed supply and watchful attitudes of domestic smelters, leading to the increased transactions in spot market.
Prices of secondary lead ingot went up with fluctuation in general given the tight supply and high cost of recycled battery. The supply of secondary lead in the market went down as some smelters in Jiangxi, Guizhou, Inner Mongolia, Hubei and Guangdong halted production for holiday. The spot market saw increased deals in a whole in January under the good demand from consumers.
In January, the supply of domestic lead concentrate went down further in general as producers in North China almost stopped production at the end of this month considering the cold weather and holiday. And the market saw decreased deals as for the tight supply, leading to the decreased TCs of domestic lead concentrate. But TCs of imported lead concentrate increased under the climbed supply and watchful attitudes of domestic smelters, leading to the increased transactions in spot market.
Prices of secondary lead ingot went up with fluctuation in general given the tight supply and high cost of recycled battery. The supply of secondary lead in the market went down as some smelters in Jiangxi, Guizhou, Inner Mongolia, Hubei and Guangdong halted production for holiday. The spot market saw increased deals in a whole in January under the good demand from consumers.
