Monthly Lead Market Report Jun 2022

1 Market Highlights 2
2 Economy and Policy 2
2.1 GACC: China's import and export value of foreign trade up by 8.3% YoY in Jan-May 2
2.2 Shanxi carries out provincial-level supervision and patrol on work safety 2
2.3 FED announces largest FFR increase of 75 basis points since 1994 2
2.4 NBS: China's lead production up by 3.2% YOY in May 2
2.5 China aims to reduce industrial energy intensity by 13.5% from 2021 to 2025 2
3 Market Movements 2
3.1 Market Movements in China 2
3.1.Asian Metal Copyright2 Secondary lead producers statistics 8 5.Asian Metal Copyright1 Lead ingot99.994%min 2
3.1.2 Lead concentrate60%min 3
3.1.3 Imported lead concentrate 50%min 3
3.1.Asian Metal Copyright1 China's primary lead producers' operating rate records 59.Asian Metal Copyright4 Secondary lead ingot 99.994%min 3
3.1.5 Secondary lead ingot 98%min 4
3.1.6 Recycled battery 4
4 Company News 5
4.1 Tongliao Taiding Nonferrous Metal restarts secondary lead ingot output 5
4.2 Jinyi Nonferrous Metal Recycling to decline secondary lead ingot output 5
4.3 Hubei Jinyang Metallurgical Incorporated resumes secondary lead ingot production 5
4.4 Henan Jinli Gold and Lead Group maintains lead ingot production lines 5
4.5 Tianjin Toho Lead Recycling resumes secondary lead ingot production 5
4.6 Anhui Tianchang Metal Materials suspends secondary lead ingot output 6
4.7 Mengzi Mining and Metallurgy halts lead ingot production 6
4.8 Anhui Tongguan Nonferrous suspends lead ingot production 6
4.9 Xiangxi Hualin Mining halts lead concentrate output 6
5 Producers Statistics 6
5.1 Primary lead producers statistics 6
5.1.Asian Metal Copyright3.Asian Metal Copyright1 China's primary lead producers' operating rate records 59.50% in Jun 2022 6
5.1.Asian Metal Copyright2 China's primary lead producers' output down by 4.Asian Metal Copyright2 China's primary lead producers' output down by 4.61% MOM in Jun 2022 7
5.1.Asian Metal Copyright4 Henan Jinli Gold and Lead Group maintains lead ingot production lines 5 4.Asian Metal Copyright3 China's primary lead producers' stocks down by 4.67% MOM in Jun 2022 7
5.2 Secondary lead producers statistics 8
5.2.Asian Metal Copyright2.Asian Metal Copyright1 China's secondary lead producers' operating rate records 39.77% in Jun 2022 8
5.2.Asian Metal Copyright5 Tianjin Toho Lead Recycling resumes secondary lead ingot production 5 4.Asian Metal Copyright2 China's secondary lead producers' output down by 13.39% MOM in Jun 2022 8
5.2.Asian Metal Copyright39% MOM in Jun 2022 8 5.Asian Metal Copyright3 China's secondary lead producers' stocks down by 6.17% MOM in Jun 2022 9
5.3Lead concentrate producers statistics 9
5.3.Asian Metal Copyright2% YOY in May 2 2.Asian Metal Copyright1 China's lead concentrate producers' operating rate records 59.42% in Jun 2022 9
5.3.Asian Metal Copyright4 Secondary lead ingot 99.Asian Metal Copyright2 China's lead concentrate producers' output up by 10.03% MOM in Jun 2022 10
5.3.Asian Metal Copyright4 NBS: China's lead production up by 3.Asian Metal Copyright3 China's lead concentrate producers' stock down by 36.36% MOM in Jun 2022 10
6 Consumers Statistics 11
6.1 China primary lead producers' consumption volume for lead concentrate down by2.59% MOM in Jun 2022 11
6.2 China primary lead producers' inventory for lead concentrate down by 7.16% MOM in Jun 2022 11
7 Customs Statistics 12
7.1 China's lead concentrate and ore imports up by 86.21%MOM in May 2022 12
8 Market Outlook for Next Month 13
8.1 Lead ingot 99.994%min 13
8.2 Lead concentrate 60%min 13
8.3 Imported lead concentrate 50%min TCs 13
8.4 Secondary lead ingot 99.994%min 13
8.5 Secondary lead ingot 98%min 13
8.6 Used battery 13

.Asian Metal Copyright3 Hubei Jinyang Metallurgical Incorporated resumes secondary lead ingot production 5 4Asian Metal Copyright